NIO found Daily Support. Bullish Swing
Justification and PTs provided on Chart.
Daily Chart:
(1) Bounced off Support
(2) Hull Moving Average (period 16)
(3) MACD Bullish Crossover
(4) RSI low and trending positive
PT1: $38 (0.618 Fib) and at Downtrend Resistance
PT2: $40.7
PT3: $44.27
Expected PT1 ~ end of Jan 2022
Daily Chart:
(1) Bounced off Support
(2) Hull Moving Average (period 16)
(3) MACD Bullish Crossover
(4) RSI low and trending positive
PT1: $38 (0.618 Fib) and at Downtrend Resistance
PT2: $40.7
PT3: $44.27
Expected PT1 ~ end of Jan 2022
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