NIO
As we can see from the chart, we still have the opportunity for three patterns.. H&S, Triangle or Channel up.
On the day timeframe chart, we can find the golden cross between MA50 & MA 200 as a good Bullish sign, Neutral momentum on RSI & CHOP indicators .
We can find also an oversold sign on the Stoch RSI & Slow Stochastic indicator with average stable semi-low volume on the last two weeks, and waiting for a good sing on ADX indicator.
A pressure between Corona Virus news & the next Q4 earnings announcement on 10th March made Buyer & seller more caution.
What do you think? which pattern will win the next direction?