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emian.ouattara
Nov 26, 2020 9:30 PM

Nio possible bullish move- target 60 dollars Long

NIO Inc.NYSE

Description

Nio possible bullish move- target 60 dollars

Markets touch the lower line of the channel, we have our entry poiint. if the market breaks the channel that will be a strong buy signal
Comments
mattpark01
Agreed, I am confident we will see $60+ tomorrow friday
anyajiross
I'm in agreeance. But I still think we need a retrace before we can hope to hit any more big milestones; I could be wrong and maybe it opens Friday above its previous closing and goes to the moon. But realistically people will be looking for a drastic drop possibly to 47 maybe even 48 before we can take off.
emian.ouattara
@anyajiross, let see what the market will do.
nylarrywu
@anyajiross, it already touched $48.47 on Nov 25 pre-market around 8:30 am.
I have added more shares to my position at $49.30.
anyajiross
@nylarrywu, I'm just seeing it hit 54 in premarket today so in that case, I think we will see 60 or more before the end of next week in my opinion unless something is released (News wise) to sway others' opinions about the stock.
nylarrywu
@anyajiross, hope I will hit $60 next week
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