NIO Inc.Long
Next stop, the moon
Good afternoon, the chart is quite clear and NIO is a trending stock (it doesn´t lateralize).
It has created a rounded bottom that I personally think gives it projection to go quite far (in terms of technical analysis ) if we complement it with fundamental analysis we see NIO as a very good stock to have in the portfolio with a really good long-term projection (I don´t trade regularly).
I believe that tomorrow there will be a lot of volatility in the markets due to the IPC data, so it will probably give a good entry zone in NIO .
As always it is not an investment advice
Stay safe, stay strong
It has created a rounded bottom that I personally think gives it projection to go quite far (in terms of technical analysis ) if we complement it with fundamental analysis we see NIO as a very good stock to have in the portfolio with a really good long-term projection (I don´t trade regularly).
I believe that tomorrow there will be a lot of volatility in the markets due to the IPC data, so it will probably give a good entry zone in NIO .
As always it is not an investment advice
Stay safe, stay strong
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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.