BIDU was close to breaking out , but short Friday and low holiday volume held it back. I got in a swing for Monday, I have a feeling it will break PM(premarket).
LONG: break of 140.85
TG1-142.5
TG2-144
TG3-145
TG4-146.44(Strong Resistance)
IF it break that with volume you could see it head to the 156--> than 162. (I will not hold that long unless its a clean...
Looking bullish and should break pivot point, if it does it will reverse and test resistance. If it turns bad on us we have a plan!
Here it is---
LONG - Break 65.52
Target 1- 66
Target 2- 69.92 (strong resistance)
Target 3- 73
SHORT - Break 62.34
Target 1- 61.44
Target 2- 60.50
Target 3 - 59.15
Target 4 - 56.04 (strong support)
STOP LOSS 15-20% USE PROPER...
Still forming. Lagged behind most other EV stocks that have already rallied and pulled up. It may be a slower EV but it should follow.
I am bullish on this EV stock. Giving both just for information incase market doesn't go as planned.
12/4-12/11 Contracts 20calls or 13 Puts
Break of 17
Target = T
T1 - 17.83
T2 - 19.36
T3 - 20.44
Strong Resistance -...
I will give both due to all the movement on NIO in the last month or so.. with that being said I still believe its bullish and on the uptrend.
Remember holiday week, its short. I would recommend 12/4 contracts, instead of the 11/27 since you markets are closed Thursday for Thanksgiving and close early Friday.
LONG : NIO
Break of 50.73
Target 1 - 52.5
...
Basic day charting looking like FRS is close to a breakout.
Cheap calls for swing 11/27 or 12/4 $20.
Breakout above 17
Target 1- 17.5
Target 2 - 18
Target 3 - 18.5
Stop loss 15-20% or 15.50
BABA is going for a reversal. IF it can break the 257.87 and holds it will become bullish!
I am currently in 12/4 300calls and up 20% as we speak.
(TG =Target)
TG1 - 259.24
TG2 - 260.03
TG3 - 261.61
Stop loss - 20-30% or 256
Take profits and use risk management!
Happy Trading Fam
