Long

NIO pt 26

By asigristch

Updated

NIO will follow Tesla in breakout , will HIT Pt 25-28 on tesla break out.

Note

Or breakout bfr tsla

Trade active

We are still holding uptrend , short term bullish , holding my position in shares and calls which is up 170% whi h is long term position.

I made this original post, after buying few calls , which were sold at 180-280% profit

What to expect?

Sideways trading ,with few tests depending on stimulus talks and tesla movement .

Big catalysts to watch :

- earning nov 10, - I expect big run up leading up, probably 35-38 ... then sell off right after earnings

- Jan 9 - nio day, this one should be interesting . Rumor is they will announce new model with price testing ATH again

asigristch

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