Weekly Trend
NIO is looking bullish on the short term trend awaiting for the downtrend breakout. Looking for a rebound in a short term. Approx 2 weeks
Price action showing some divergence, with the PT of 27.50 - approx till March 24th-ish
Fundamentally, HK listing shows very strong fundamentals without any dilution on the listing.
overall trend,
NIO is still within the falling wedge trend, which is major bearish on the weekly. Long term, looking at price range entry at E1 & E2
Long Term holding Duration approx 1-2 years.
Earnings date:
March 24th
ir.nio.com/news-events/news-releases/news-release-details/nio-inc-report-fourth-quarter-and-full-year-2021
just an idea, trade safe and stick with your plan :)
Good luck to all NIO holders. Diamond Hands
Price action showing some divergence, with the PT of 27.50 - approx till March 24th-ish
Fundamentally, HK listing shows very strong fundamentals without any dilution on the listing.
overall trend,
Long Term holding Duration approx 1-2 years.
Earnings date:
March 24th
ir.nio.com/news-events/news-releases/news-release-details/nio-inc-report-fourth-quarter-and-full-year-2021
just an idea, trade safe and stick with your plan :)
Good luck to all NIO holders. Diamond Hands
Note
Took longer than it did, PT still lookin at $27 - $30-ishthose who bought at the touch of E1 congratulations :)
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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.