NIO: The Dark Knight Rises.
Updated
I predicted a little correction which is overdone by now. Check out the double bottom (marked by red arrows) and the Stoch RSI and its historical movement when it hit current lows (marked by vertical blue dashed lines). It seems that we should be expecting the same kind of movement this week up to 35.03 and later to 37.69.
So Is this the beginning of a new movement? Is this Batman going to save us?
I think with the inflations going too hot these days, so that might be unlikely. Unless BTC and other cryptos specially ETH and Doge crash and force people move their money into speculative and growth stocks. What is the worst case scenario?
The red dashed lined marked at 27.66 is our next support level but if that fails, we might see 13. Hopefully, bears stop messing with EV market and let this go for another ride.
So Is this the beginning of a new movement? Is this Batman going to save us?
I think with the inflations going too hot these days, so that might be unlikely. Unless BTC and other cryptos specially ETH and Doge crash and force people move their money into speculative and growth stocks. What is the worst case scenario?
The red dashed lined marked at 27.66 is our next support level but if that fails, we might see 13. Hopefully, bears stop messing with EV market and let this go for another ride.
Comment
someone should've complimented me on my awesome drawing! smh ... jk hahaTrade closed: target reached
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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