NIO Inc.Long
$NIO - Flag Breakout - Anticipating New Highs
NIO broke out of a month-long symmetrical triangle at the end of 2020 and formed a new high. It's been consolidating at highs for 2 weeks and broke out on Friday 1/22.This opens up some new upside targets:
- TG1: 62.89
- TG2: 64.35
- TG3: 66.72
- TG4: 68.97
- TG5: 71.38
- Invalidation under: 59.30
Leave some feedback below if you have any!
And don't forget to like and follow if you'd like more 👍
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.