NIO Inc.
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NIO - ready for another leg higher

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LOVE what I'm seeing right now in NIO. I have a position.

Important we see continued relative strength in the stock. Imminent breakout if so IMO.

Could buy at the breakout above 21 and/or in the purple box:
ảnh chụp nhanh

I am long and will add in the purple box as well as the breakout
Ghi chú
Another layer filled at 19.10. My next buy layer is at 18.80. The rest will be on a breakout if it happens
ảnh chụp nhanh
Đóng lệnh: dừng lỗ
Potentially breaking down with the market. I got stopped
ảnh chụp nhanh
Giao dịch đang hoạt động
Bought back 18.50, my original cost. A bit chopped but that's part of the game if stops aren't wide enough, which mine were not. Stop is now below yesterday's low
Ghi chú
Still very bullish on NIO:
ảnh chụp nhanh
Ghi chú
1hr Breakout:
ảnh chụp nhanh
I expect resistance at 20.50. I added at 19.40
Ghi chú
NIO just crossed 20.50 and approaching its next resistance where I think price will have difficulty crossing today. This is a big winner for me today and well deserved after getting stopped out twice:
ảnh chụp nhanh
Đóng lệnh: đạt mục tiêu
I took profit on HALF the position at 20.63:
ảnh chụp nhanh

I am still long common stock and call options
NIOTrend Analysis

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