NIO Inc.
Long

Road to $20

154
NIO

NIO dropped back to support on the pennant shown after earnings ($12.85) and has now bounced back to first resistance ($13.50). Once NIO breaks through $13.50 R1, next TP is $14.40. To break out of pennant, it has to break above mid $15 range.

Disclaimer: I am not a financial advisor. This is not solicited advice and trade at your own risk and do your own due diligence.

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.