NIO Inc.Long
#NIO - USA - so exciting opportunity ,
#NIO time frame 1 DAY
Created bullish Gartley pattern , in addition there is anther bullish Gartley pattern will be done if prices reached to stop loss of the first pattern ( so exciting ) .
First bullish Gartley pattern as follow :
Entry level 4.14 to 3.90 ,
Stop loss 3.65 ( estimated loss -12.36% ),
First target at 5.25 ( estimated profit around 26.40% ),
Second target 6.17 ( estimated profit around 48% ),
Third target 6.84 ( estimated profit around 64% ),
Second bullish Gartley pattern is assumption ,it's not done yet .pattern in yellow
So if prices reached to 3.65 ( stop loss of first Gartley pattern ) the numbers will be as follow :
Entry level 3.65 ,
Stop loss 3.20 ( estimated loss -12% ),
First target at 4.31 ( estimated profit around 19% ),
Second target 4.71 ( estimated profit around 29.85% ),
Third target 5.00 ( estimated profit around 37% ),
IN ADDETION , if prices didn't close under 3.65 the fist bullish Gartley pattern still Active !!
There is positive diversion on MACD , that may support our idea .
NOTE : this data according to time frame I DAY.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing.
Thanks and good luck.
Created bullish Gartley pattern , in addition there is anther bullish Gartley pattern will be done if prices reached to stop loss of the first pattern ( so exciting ) .
First bullish Gartley pattern as follow :
Entry level 4.14 to 3.90 ,
Stop loss 3.65 ( estimated loss -12.36% ),
First target at 5.25 ( estimated profit around 26.40% ),
Second target 6.17 ( estimated profit around 48% ),
Third target 6.84 ( estimated profit around 64% ),
Second bullish Gartley pattern is assumption ,it's not done yet .pattern in yellow
So if prices reached to 3.65 ( stop loss of first Gartley pattern ) the numbers will be as follow :
Entry level 3.65 ,
Stop loss 3.20 ( estimated loss -12% ),
First target at 4.31 ( estimated profit around 19% ),
Second target 4.71 ( estimated profit around 29.85% ),
Third target 5.00 ( estimated profit around 37% ),
IN ADDETION , if prices didn't close under 3.65 the fist bullish Gartley pattern still Active !!
There is positive diversion on MACD , that may support our idea .
NOTE : this data according to time frame I DAY.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing.
Thanks and good luck.
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