I feel like a lot will be told tomorrow for which way NIO will go. Drew a few different possible trends and a still possible head and shoulders formation. This thing also formed a double bottom support so I do not know what to think. I think we will learn real quick which direction it will go. I have a hard time believing a head and shoulders formation will take the price close to $36. Especially with all the hype and all the strong support at $38 $39. Let me know your thoughts.
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.