Is Nio about to fly? There are reasons to say yes!
Hi Tradingview community! As expected, Nio is about to fly to the 39.50, but it has one little thing to do before: Break the 38.03.
In our lsat analysis we antecipated the rally we saw today, thanks to the double bottom in the RSI + advanced breakdown, but Nio dropped again to its Fibo's retracements and now it is in a crucial moment.
We don't have confirmation, but it really look like Nio will do a reversal for good. Look at the $ 38.03! 👁👁
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
In our lsat analysis we antecipated the rally we saw today, thanks to the double bottom in the RSI + advanced breakdown, but Nio dropped again to its Fibo's retracements and now it is in a crucial moment.
We don't have confirmation, but it really look like Nio will do a reversal for good. Look at the $ 38.03! 👁👁
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
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