So it appears I was a bit off in my last call for nio. What I thought was the top, was really just the beginning of a larger move. As much as I would like to do some elaborate analysis, I think this is very simple. There is huge bullish momentum surrounding this stock. Huge.
I can see this going all the way up to 33 dollars.
On a more technical side, although we see crosses on the macd and an overbought Rsi, we have yet to see any divergence that would indicate a move downwards. I wish you all the best in this trade, and hope you can get in to make money. You'll hear from me again soon.
I can see this going all the way up to 33 dollars.
On a more technical side, although we see crosses on the macd and an overbought Rsi, we have yet to see any divergence that would indicate a move downwards. I wish you all the best in this trade, and hope you can get in to make money. You'll hear from me again soon.