I predict NIO enters a new bull cycle after doing a 90% pullback. We have a divergence forming on the MACD similar to the last bottom in 2019-2020, but on a longer timeframe.
Targets of 7, 20, 40 are labeled with the black lines. This is a macro trade (1-3 years).
Targets of 7, 20, 40 are labeled with the black lines. This is a macro trade (1-3 years).
Note
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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.