NIO testing prior highs!
On August 6th, we wrote about how GoNoGo Charts had given a low risk entry on NIO and how it might go on to test the highs of a few weeks earlier.
After the GoNoGo Oscillator bounced off the zero line a second time we indeed have seen that push up to test the high.
Currently we are at the highs of July and the GoNoGo Oscillator is positive with a little room perhaps to go.
If price can break out and consolidate above these highs, look for the Go trend to continue.
After the GoNoGo Oscillator bounced off the zero line a second time we indeed have seen that push up to test the high.
Currently we are at the highs of July and the GoNoGo Oscillator is positive with a little room perhaps to go.
If price can break out and consolidate above these highs, look for the Go trend to continue.
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