NIO recent trades mostly happened around $19, great bounce back from the support, we were shy of $1 from our last prediction.
Thur & Fri pullbacks are at the half volume of previous buying days, which is a very bullish sign.
Friday candle closed an inverted hammer, a trend reversal indicator, with this we may or may not see another pullback to retrace to fib 0.618 of $20.36.
Regardless we should see a very bullish run-up to the fib127 level again of $24.18.
Thur & Fri pullbacks are at the half volume of previous buying days, which is a very bullish sign.
Friday candle closed an inverted hammer, a trend reversal indicator, with this we may or may not see another pullback to retrace to fib 0.618 of $20.36.
Regardless we should see a very bullish run-up to the fib127 level again of $24.18.
