Sitting at lower limit of 1 std deviation channel.
Currently at same price as Jan 15th and Nov 24th.
Selling off from Jan 11th, post NIO-day rally (where it gapped opened almost $7).
Note almost every day since Jan 11th has been on below average volume.
I think
NIO closes February closer to $70 than $60 (upper half of the linear regression channel).
Currently at same price as Jan 15th and Nov 24th.
Selling off from Jan 11th, post NIO-day rally (where it gapped opened almost $7).
Note almost every day since Jan 11th has been on below average volume.
I think
NIO closes February closer to $70 than $60 (upper half of the linear regression channel).
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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.