NIO Inc.Long
NIO filled the gap. Now watch for a break out
Updated
Support is at 20.60, watch for a break out to go long, it can hit previous highs if it breaks out of its trend line or it can even go to $24. Filled this mornings gap up which was a break out of a daily resistance level around $21. Volume has also increased on this last 15 min candle so it may signal a reversal.
Trade closed manually
Closed at 21.70 today
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.