$NIO - $3 Price Target (Weekly Chart)

18 thg 3, 2024

Bearish Channel is intact on the Weekly Chart. Heading lower in the longer time frame with a Support Zone from 3.56 to 2.37. The mean reversion of this zone puts the price target object to around $3. Bear flags have been setup for continued downside. Short on flag resistance for continue leg down. Short at break of flags.

20 thg 3, 2024

Ghi chú

Bear Flag broken. Short to next local target around $3.80. Length of pole = measured downside.

26 thg 3, 2024

Ghi chú

Selling on Strength Continues

27 thg 3, 2024

Ghi chú

Bear flag has cracked, new leg down. Bear Channel well intact.

28 thg 3, 2024

Ghi chú

New leg formation. Heading lower.

4 thg 4, 2024

Ghi chú

Another new local level bear flag spotted today possibly setting up, downward trend continues

10 thg 4, 2024

Ghi chú

Bear Flag still intact

12 thg 4, 2024

Ghi chú

Local bear flag from April 3 has cracked, heading lower.

17 thg 4, 2024

Ghi chú

Downward Channel intact.

19 thg 4, 2024

Ghi chú

Bearish channel intact. New local bearish flag setting up. watch for new legs heading lower. Gap at $2.50