As per chart, I think NIO will be a good short-term buying opportunity. 
NIO
A retracement towards the mean/middle KC is probable in which it is also good time to consider entering a short position then. I would not short now since we are pretty much at single digits. NIO is not NKLA...
Look to enter anything above 15$/Sub 20$.
EV stocks have taken a battering just like the rest of the market, but I believe we may see a short-term rally before another dump down in Q1-Q1 2023.
Monthly high of 13$ in December would be ideal, and it can definitely still reach it before NY. That would also be ideal TP1. TP2 at 15$...
(Disclaimer pure technical play, no fundamental analysis)
NIOA retracement towards the mean/middle KC is probable in which it is also good time to consider entering a short position then. I would not short now since we are pretty much at single digits. NIO is not NKLA...
Look to enter anything above 15$/Sub 20$.
EV stocks have taken a battering just like the rest of the market, but I believe we may see a short-term rally before another dump down in Q1-Q1 2023.
Monthly high of 13$ in December would be ideal, and it can definitely still reach it before NY. That would also be ideal TP1. TP2 at 15$...
(Disclaimer pure technical play, no fundamental analysis)
Nota
TP at $14. Looking to renter at $11. Will switch to short at $20.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.