finally started moving upwards step by step within its channel, the speed maybe sooner than later. Nicely inline with technicals from overbought position in short term.
As I expected, NIO found short term bottom and nicely reversed today, achieving step 1 and should move to step 2 around 47usd. all 3 chinese EV moving up today together nio, xpev, li
I was calling short term oversold, it turned around nicely today, I averaged down at bottom and now i sit around zero profit, should continue stepping up slowly, all the way to ~106-110 in the coming days up to mid Jan. Any comments?
all EVs got nice turnaround today, but its loosing steam in short term, though 30min-1hr still looking oversold. more volume would definitely help. Resistant areas based on volume highlighted. Any comments?
I think NIO is moving up along the lines towards next volume nest at ~ 53.3, little bit more money going it (~20%) and it should reach it in the next 2 wks. Will coincide with NIO day in Jan? Any comments?
averaged down today on $PRTS, tomorrow should move to top part of the channel its moving in. Lets see how this evolves. Any comments?
Just opened up small long position on CVAC, its oversold now and has some potential to go to next volume level. Any comments?