NIO: The start of a new bullish movement?
Hello traders and investors! Let’s see how NIO is doing today!
Ok, NIO defeated the black line at $ 45.46 we discussed yesterday, and now it seems it is reversing the short-term bearish trend. The 21 ema is pointing up again, and the volume is increasing a little.
According to the Principle of Polarity in Technical Analysis, the black line will work as a support from now on, and this is very good news to the bulls.
Let’s see what the daily chart tells us:
We have another Piercing Line candlestick pattern, and the volume is starting to increase again. Today, this pattern was triggered, and this can make NIO defeat the pink line at $ 48.65 for good and lead the stock to new levels.
And if this analysis helped you, remember to support it, and follow me to keep in touch with my daily updates.
Thank you very much.
Ok, NIO defeated the black line at $ 45.46 we discussed yesterday, and now it seems it is reversing the short-term bearish trend. The 21 ema is pointing up again, and the volume is increasing a little.
According to the Principle of Polarity in Technical Analysis, the black line will work as a support from now on, and this is very good news to the bulls.
Let’s see what the daily chart tells us:
We have another Piercing Line candlestick pattern, and the volume is starting to increase again. Today, this pattern was triggered, and this can make NIO defeat the pink line at $ 48.65 for good and lead the stock to new levels.
And if this analysis helped you, remember to support it, and follow me to keep in touch with my daily updates.
Thank you very much.
⚠️ Want to take your trading to the next level?
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。