NIO Inc.Short
Potential short opportunity
NIO rejected resistance at 33 area and closed right under it. From what I see, I think we retest 30.80 support area before a potential bounce.
If it however fails at 30.80 area of support then today’s action was simply a pop on news or like most traders like to call it a pump and dump.
This is my first idea so please let me know your thoughts
If it however fails at 30.80 area of support then today’s action was simply a pop on news or like most traders like to call it a pump and dump.
This is my first idea so please let me know your thoughts
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.
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.