NIO Triple top with divergence

10 thg 2, 2021

Triple top forming on Nio after break out.
Rising price and reducing volume.
I will add to my position at $40-$45.

26 thg 2, 2021

Ghi chú

The dip was into the $5 range expected.
Thank you for the likes

28 thg 2, 2021

Ghi chú

With drops across the market and other Chinese EV stocks not looking great in my opinion, I am waiting to see if this support level holds.

Price has dropped through 3 levels $54, $49 and $45
Once price hit my target area, it bounced to $52 before dropping to the $45 support level once more.

If there is no buy volume, I currently have buy orders between $35 and $38 and ideally want price to maintain above $42 and continue upward.

If we do I want to see price hold above $55 or I will look at selling the high.

1 thg 4, 2021

Ghi chú

Reducing position on the highs
If trend line breaks position will be closed and will watch for support $25
with buys to catch a sell off sub $20

Keep eye on news that affects this market, materials shortage, production issues.

1 thg 4, 2021

Ghi chú