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roosgart
23. Apr. 2019 16:23

NIO on bullish reversal, targets 21%, 66%, and 100% Long

NIO Inc.NYSE

Beschreibung


  • NIO is showing bullish reversal patterns. The bottom may be around currents prices.

    RSI shows higher high while prices show lower low, a classical reversal sign.

    Take a look at the Doji reversal as well.

    Three potential targets at 21%, 66%, and 100%.

    Protect your capital with a stop loss if you are just entering this trade.

    Good luck and thanks for the likes and comments.

Kommentar

NIO lower time frames

Trade ist aktiv

NIO next move to target 1:

Trade ist aktiv

NIO accumulation

Trade ist aktiv

NIO touched our stop loss but a lot of buyers at that price level (look at the Doji candle 2D):

Trade ist aktiv

NIO consolidation at this price level

Trade geschlossen: Stop wurde erreicht

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