$NIO Inc (NIO.US)$ Since Nio formed a double bottom pattern,...
Since Nio formed a double bottom pattern, it seems that it will more than double. Its TA is looking great.
It may rise to around 8.00 in Fig. 1. Next resistance is the 100-week MA around 9.0 in Fig. 2. Like I said before, Nio has a lot of potential after falling so much.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
Follow me to get useful analysis, learn TA and make profitable trades.
Maximise profit 利润最大化
7780Followers
45Following
26KVisitors
Follow
bullrider_21 OP : Nio's stock had already run up 61.4% in Sep. With Monday's rally, would be on track for the biggest monthly gain since the record 94% gain in Jun 2020.
CoolM : @bullrider_21 Yesterday night nio pull back. What’s the support? Still 6.20?
bullrider_21 OP CoolM : I think around 6.40. Resistance around 7.70.