NIO Inc.Long
$NIO is turn to stage 2 ?
NIO is nearly turn to stage 2 Technical Analysis Big picture:
1)
NIO is going on down trend for a year and 3 month ago just have low volatility and low volume 2) Make Sideway down and forming wedge shape with RSI overdrive up. Possibility highly to make U-turn
3) HSI index make pattern H&S. If complete price break upper resistant it's time of chinese stock rally
4) Now it has 2 resistant to confirm stage 2 is breaking EMA200 and Breaking base of wedge shape to confirm
Technical Analysis Small picture:
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NIO break the wedge and make lower high forming picture Cup and Handle Hope
NIO get well soon Good Luck
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