Based on my analysis:
1. NIO formed symmetrical triangle (11 Nov>20 Nov - 8days ).
2. Stochastic shows bullish bias.
3. MA 20, 50 & 200 indicate NIO in strong uptrend.
4. My target to TP (1) 54.35 USD, (2) 56.25 USD & (3) 58.50 USD.
Syeikh Hafiz
Stock Market Analyst
1. NIO formed symmetrical triangle (11 Nov>20 Nov - 8days ).
2. Stochastic shows bullish bias.
3. MA 20, 50 & 200 indicate NIO in strong uptrend.
4. My target to TP (1) 54.35 USD, (2) 56.25 USD & (3) 58.50 USD.
Syeikh Hafiz
Stock Market Analyst
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Related publications
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.