NIO Inc.Long
NIO to test $65 again.
Aktualisiert
Greetings Investors,
I’m LONG NIO and BULLISH based on the following:
Bullish Factors
1. Bullish flag pattern formed on the daily chart.
2. Strong support at the 23.6% FIBO level, which represents a strong upward trend.
3. Bullish consolidation at the 20 MA, before continuation of the previous trend.
4. Bullish MACD histogram
Strategy
1. Consider the OTM 19 Feb (risky) or 19 Mar NIO 70C.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
I’m LONG NIO and BULLISH based on the following:
Bullish Factors
1. Bullish flag pattern formed on the daily chart.
2. Strong support at the 23.6% FIBO level, which represents a strong upward trend.
3. Bullish consolidation at the 20 MA, before continuation of the previous trend.
4. Bullish MACD histogram
Strategy
1. Consider the OTM 19 Feb (risky) or 19 Mar NIO 70C.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
Anmerkung
Breakout on the daily chart!
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