NIO, one of the most beat down stock these past weeks.
Currently sitting under main volume level.
We can see a huge rally on December 2nd :
broke .236 level in a single hour
broke .382 the next hour
finish the day tiping .500
Currently sitting at 43$ (huge discount)
RSI below 40
MACD waiting for a trend reversal
Alert set at : 45.54$ for a long (.382 fib)
Target : 50$ end of 2020
Probably gonna hop in an option for Jan 15th or Jan 8th
Currently sitting under main volume level.
We can see a huge rally on December 2nd :
broke .236 level in a single hour
broke .382 the next hour
finish the day tiping .500
Currently sitting at 43$ (huge discount)
RSI below 40
MACD waiting for a trend reversal
Alert set at : 45.54$ for a long (.382 fib)
Target : 50$ end of 2020
Probably gonna hop in an option for Jan 15th or Jan 8th
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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.