NIO Inc.Long
Jump on the NIO train before the next departure
Spike down in NIO represents good short term entry point before the next leg up of this fantastic company. nio.com/
Trade Idea: Place buy orders all the way from $18.50 to $17 in increments of $0.10. If the $17 support level does not hold, next level of support is $14. Leave some cash behind from the $18.50 to $17 buy orders and use it to buy down the $17-$14 range if the price enters that range. Otherwise, the cash left behind can be used to average up if it breaks through the $20.50 resistance level.
Trade Idea: Place buy orders all the way from $18.50 to $17 in increments of $0.10. If the $17 support level does not hold, next level of support is $14. Leave some cash behind from the $18.50 to $17 buy orders and use it to buy down the $17-$14 range if the price enters that range. Otherwise, the cash left behind can be used to average up if it breaks through the $20.50 resistance level.
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