Niostock
Is NIO a buy or sell ?I think we saw some profit taking, and some bears trying, but in this video I go over some key levels we will need to break for upside or downside. Also from my DD NIO is going to crush earnings is $TSLA barely made theirs. Make sure you are watching theses levels and If you play earnings make sure you set yourself a straddle or strangle position.
NIO LONG & SHORT SET UP (TRADE PLAN)Search Results
Featured snippet from the web
J.P. Morgan analyst Nick Lai upgraded the stock of Chinese electric-vehicle maker NIO to Buy from Hold on Wednesday, taking his price target all the way to $40 from $14.
That is double NIO's average price over the past month and nearly double where the stock was trading before the bullish call.
SHORT
TITLE : SELL NIO
ASSETS : STOCK
SYMBOL : NIO
ORDER TYPE : (EP1) Market (1/2) position size (partial low lot entry)
(EP2) SELL LIMIT ORDER (2/2) (Now enter rest of position)
TF : 2DAY
ENTRY PRICE 1: $29.00
ENTRY PRICE 2: $30.50
STOP LOSS : $32.00 (30 PIPs)
TAKE PROFIT 1- $26.00(30PIPs)
TAKE PROFIT 2- $23.00(60 PIPs)
STATUS : ACTIVE
LONG
TITLE : NIO BUY LIMIT
ASSETS : STOCK
SYMBOL : NIO
ORDER TYPE : (EP1) BUY LIMIT (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Week
ENTRY PRICE 1: $22.80
ENTRY PRICE 2: $20.80
STOP LOSS : $17.80 (50PIPS)
TAKE PROFIT 1- $27.80 (50PIPs)
TAKE PROFIT 2- $32.80 (100PIPs)
TAKE PROFIT 3-$37.80 (150 PIPs)
STATUS : PENDING