I've been playing with NIO for almost a year now and seemingly very familiar with it's predictability. I haven't moved any of my lines on the charting above from the initial June post, just added in a few directional guesstimates (depending on good earnings). We broke below what initially appeared to be an ascending triangle, continuing to support my idea of a...
according to my two previous plots, I'm still seeing mid August for my entry at $16-$17 unless NIO decides to grab on to the blue dashed trend line later in July where I'd then be looking considering my first small entry at $20-$21
on June 22 I posted "closed positions around $17.50 since at that time I wasn't seeing the bottom. Now we're at $22. Wanted to see what this community was thinking in regards to this running down to fill the lower gap and then a rally to fill in the upper gap?"
Today I wanted to revisit this after some thought and figured Id ask you all for your thoughts. Rather...
I closed positions around $17.50 since at that time I wasn't seeing the bottom. Now we're at $22. Wanted to see what this community was thinking in regards to this running down to fill the lower gap and then a rally to fill in the upper gap?
