NIO LONG
they reported some block buster car deliveries and I think wall street will be delighted tomorrow
Watch pre market gapping and gaining, and then a flood of buying to open the market at 9:30 and break 50$ resistance.
a 50$ break up is an very bullish reaction to this triangle consolidation, expect the euphoria to run all week
I think I will start a buy-stop order at 50$ to get filled (hopefully because I suspect it will just gap up tomorrow) with a SL just under at 49ish as I believe the bullish momentum will be so strong that we really rocket off that 50$ level
Will do 400-500 shares, at a 2$ stop loss that's about a 800-1000$ loss if it gets hit, representing less than 1% of account value
Watch pre market gapping and gaining, and then a flood of buying to open the market at 9:30 and break 50$ resistance.
a 50$ break up is an very bullish reaction to this triangle consolidation, expect the euphoria to run all week
I think I will start a buy-stop order at 50$ to get filled (hopefully because I suspect it will just gap up tomorrow) with a SL just under at 49ish as I believe the bullish momentum will be so strong that we really rocket off that 50$ level
Will do 400-500 shares, at a 2$ stop loss that's about a 800-1000$ loss if it gets hit, representing less than 1% of account value
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.