jackohgorman

NIO purely technical play

شراء
jackohgorman تم تحديثه   
NYSE:NIO   NIO Inc.
As per chart, I think NIO will be a good short-term buying opportunity. NIO

A retracement towards the mean/middle KC is probable in which it is also good time to consider entering a short position then. I would not short now since we are pretty much at single digits. NIO is not NKLA...

Look to enter anything above 15$/Sub 20$.

EV stocks have taken a battering just like the rest of the market, but I believe we may see a short-term rally before another dump down in Q1-Q1 2023.

Monthly high of 13$ in December would be ideal, and it can definitely still reach it before NY. That would also be ideal TP1. TP2 at 15$...

(Disclaimer pure technical play, no fundamental analysis)
تعليق:
TP at $14. Looking to renter at $11. Will switch to short at $20.

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