$NIO Consolidation Station
The stock has been forming this ascending triangle for almost a month. In the last few days the stock has been touching and bouncing of the 50% retracement. I expect a few more days of confirmation at this level and then bounce back to over 60 with price target of 70
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.