Play it safe and wait for the break out . But I place a 50$ call option on NIO for April .... this bootleg tesla is going to 500$
Strike price @ 2.5 Anything below 1.95 cover your loss . Good luck and happy holidays!
Good entree at the 6$ range for a short or long term hold
We will test the upper trend line of the triangle , then take off. Last chance to buy in those lows .
Two possibilities , strong resistance at the 450$ range .
Sadly ...this tiny wick was the last chance we had to buy under 10k. At this moment in time , this is just a simple retracement in the bigger picture.
Tesla is looking for support , i say around 1.8k within the golden pocket .
I see 3 possibilities with this one , setting on the side lines waiting for the break out.
Breaking trend line , cross over of the moving averages .. Be safe
Expecting an all time high . After the roku profit , roll into this one.