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Potential bottom here on NIO
NIO Inc.
Long
Potential bottom here on NIO
By MikeMM
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Aug 19
8
3
3
Aug 19
I don't own any of this, I dislike anything Chinese.
however, if you're willing to trade a turd, this looks like a nice turd.
Divergences are clear on MACD and RSI.
Support is defined and stop loss FOR SURE below it.
Sep 5
Note
The turd has been ignited. and put on elon musks doorstep.
down with musk up with nio!
Oct 3
Note
Though this squeeze can go higher, I would be looking for profit taking along the way, if not already.
Technical Indicators
Trend Analysis
MikeMM
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