NIO Ascending Triangle and Wedge Up
Hey folks, I kept seeing you enjoy my analysis so of course I will do another one and I think it could go even higher than JMIA.
Today I was just contemplating over all the news, youtube videos and so on and so forth about
NIO
I don't completely see from where people taken the 150$ target for NIO but...🚀🚀🚀
In all seriousness, we have good elevating factors on the 1HR chart, good support and I seek to break the resistance.
In the snapshot you clearly see somewhat of an undeveloped triangle that was showing to take down NIO due to Earnings.
Now we have the same baby triangle with resistance and support getting closer until we break it.
MACD is showing signs of running up just as it did the last time and I marked down the moves that I am pretty sure we might get that same area but better and get to 63$
Today I was just contemplating over all the news, youtube videos and so on and so forth about
NIOI don't completely see from where people taken the 150$ target for NIO but...🚀🚀🚀
In all seriousness, we have good elevating factors on the 1HR chart, good support and I seek to break the resistance.
In the snapshot you clearly see somewhat of an undeveloped triangle that was showing to take down NIO due to Earnings.
Now we have the same baby triangle with resistance and support getting closer until we break it.
MACD is showing signs of running up just as it did the last time and I marked down the moves that I am pretty sure we might get that same area but better and get to 63$
Related publications
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.