0A54 trade ideas
$NIU classic #pennant #breakout #chart$NIU is breaking out of a beautiful classic pennant on daily chart
Yesterday the 5EMA crossed up the 10EMA
Price trades above all major MAs, RSI at 61 with plenty of room, MACD ready to cross into positive area
Also notice the volume in the past sessions above the 20MA AvgVol
They tried to push it back today after the open, retested the 20EMA and we are looking at a potential beautiful “red to green” move
Target 26-30$
Good luck,
TA
I'm thinking Long - Chinese Electric Scooters with actual storesObviously this is not financial advice but given that it's a rather unknown entity and the products, stores and branding looks great - I can definitey see this going higher when more people start to find out more about them. Public Service Announcement I think this is a speccy like NIO. So Please DYOR.