Really looks like MAXR could break out of its downtrend, I think a bounce off the current support OR a bullish candle printing ABOVE the trendline could be a signal for long calls in late May or June to be safe. I believe the downtrend has lost momentum due to the flat set-up recently and the formation of support. WIll be monitoring closely.
NIO appears to have broke out of the recent downtrend, bouncing yet again off the support at 34$. First price target is 42$, and then 47$. Personally bought a 41.50 call once the breakout occured.
If CCIV creates support at this previous 52 week high, it believe it will break out to $40+.
There is also a double top formation signifying a loss in momentum, and if trend breaks the current support level, it could possibly fall below 30$.
