Next stop, the moon

Good afternoon, the chart is quite clear and NIO is a trending stock (it doesn´t lateralize).

It has created a rounded bottom that I personally think gives it projection to go quite far (in terms of technical analysis ) if we complement it with fundamental analysis we see NIO as a very good stock to have in the portfolio with a really good long-term projection (I don´t trade regularly).

I believe that tomorrow there will be a lot of volatility in the markets due to the IPC data, so it will probably give a good entry zone in NIO .

As always it is not an investment advice

Stay safe, stay strong