NIO 14.50 PT BY MARCH 16

٧ مارس ٢٠٢٢

NIO will be at 14.50 give or take .50 on or by March 16. The On Balance Volume shows strong selling pressure on NIO, with a clear downtrend channel.

Couple these technical facts with the FED rate hike in one week, and earnings approaching (which I predict to be less than pleasant, given the Geo-Political and economic climate the past two months) NIO will have a hard time breaking resistances.

١٤ مارس ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف

The price target of 14.50 was hit, and the price in fact dipped below 14.00 for a brief period.