NIO Inc.Long
NIO - The EV plays are legit! A Lesson in Charting
Entry here looks to be in the channel of $53.69 and $54.54
Retest the 34 EMA and run north, notice the prior
marked bubbles, hit the 34 and run
-*Buy the dip on an uptrending stock*-
Yes, lots of marked lines, etc. But learn something here, and profits will come eventually...
Once this hits the 34 EMA and/or our price target channel 53.69/54.54 VOLUME MUST BE THERE, BULL VOLUME obviously...
34 EMA is purple trend line
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
Retest the 34 EMA and run north, notice the prior
marked bubbles, hit the 34 and run
-*Buy the dip on an uptrending stock*-
Yes, lots of marked lines, etc. But learn something here, and profits will come eventually...
Once this hits the 34 EMA and/or our price target channel 53.69/54.54 VOLUME MUST BE THERE, BULL VOLUME obviously...
34 EMA is purple trend line
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
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