NIO FALLING WEDGE (VERY BULLISH) LONG TERM IDEA $$$

By thekidtrader11
As shown on the weekly chart, NIO has been creating a falling wedge from its peak since a year ago, and I believe it is nearing maturity now, with the consistent level of support close below the resistance, indicating a significant accumulation zone before NIO breaks open. This is a long-term investment that will be extremely profitable for those who would like some good returns, however only buy once it has broken open and shown a positive price movement.
Bullish PatternsChart PatternsFalling WedgeTechnical IndicatorsNIOnioanalysisniobullishniolongniosetupniosignalniostockTrend Analysis

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