This week seem to have a lot of interesting stock to trade
I think Siri still do new high even the RSI is already overbought
I would like to recommend this stock for those trader that still cannot find stock to trade.
IF the stock can break resist 26.2 dollar then buy . This is my recommend
I think it will gonna go up to Fibbo 1.618% because it already break Fibbo 1.272% already.
So if we saw triangle pattern ,we need to drag fibbo from the highest point in that sideway range down to the lowest point in that range
After I used fibbo to analyze I found that it still go up
We all knew that Nio com is like Chinese Tesla also if u compare the chart pattern between Nio and Tesla u will see that it look very similar cuz 1. They all do triangle pattern 2. ABC pattern 3. If u analyze carefully we will see that now Nio it could be wave 4 and prepare to go 5
I think it still can go up cuz now it already break Fibonacci 1.618%
Because now the price = zig zag pattern C = 38.2 - 50 AB so D it could go up to 100 percent
I recommend u to sell this stock now cuz it it will drop soon