Quick Highlights:
-NIO experienced a double bottom between 3/5/21 and 3/8/21
-Reversal seems to be confirmed by price movement since then
-Has tested and broke through strong support lines
-Bounce off of long-term (1Y) trendline
What to look for:
-A test of the $48.80 support
-50MA to cross the 200MA
-NIO experienced a double bottom between 3/5/21 and 3/8/21
-Reversal seems to be confirmed by price movement since then
-Has tested and broke through strong support lines
-Bounce off of long-term (1Y) trendline
What to look for:
-A test of the $48.80 support
-50MA to cross the 200MA
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.
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.