$NIO - $3 Price Target (Weekly Chart)

١٨ مارس ٢٠٢٤

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.

٢٠ مارس ٢٠٢٤

ملاحظة

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

٢٦ مارس ٢٠٢٤

ملاحظة

Selling on Strength Continues

٢٧ مارس ٢٠٢٤

ملاحظة

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

٢٨ مارس ٢٠٢٤

ملاحظة

New leg formation. Heading lower.

٤ أبريل ٢٠٢٤

ملاحظة

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

١٠ أبريل ٢٠٢٤

ملاحظة

Bear Flag still intact

١٢ أبريل ٢٠٢٤

ملاحظة

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

١٧ أبريل ٢٠٢٤

ملاحظة

Downward Channel intact.

١٩ أبريل ٢٠٢٤

ملاحظة

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