NIO long
NIO is a Chinese car manufacturer, specialising in the design and development of electric vehicles.
Position: long
Entry price: 32.10
Target price: 54.71
Stop loss: 28.5
The RSI indicator is very close to the oversold level. The William Indicator suggests that the market is in the downtrend, but it's a weak signal.
(In the event that the price of NIO doesn't break the support line (red line), the market may go into a phase of uptrend.
No financial advice
Position: long
Entry price: 32.10
Target price: 54.71
Stop loss: 28.5
The RSI indicator is very close to the oversold level. The William Indicator suggests that the market is in the downtrend, but it's a weak signal.
(In the event that the price of NIO doesn't break the support line (red line), the market may go into a phase of uptrend.
No financial advice
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