NIO time to go long
Updated
Keeping it simple:
NIO 50SMA crosses 200
Stochastic/RSI both under Lower threshold
Declining volume
Within conservative trend lines.
Roughly 1 hour before this published idea I purchased at 4.23.
NIO 50SMA crosses 200
Stochastic/RSI both under Lower threshold
Declining volume
Within conservative trend lines.
Roughly 1 hour before this published idea I purchased at 4.23.
Trade closed: stop reached
Stop hit at 3.99, immediate sell (there's good volume on this stock). Alas my first published idea was a loss, but it was less than my risk tolerance, and taught me to pay more attention to that 15% of fundamentals I am always thinking about, namely their production numbers taking a hit in this case.
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