NIO Inc.
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NIO Cup and Handle Formation

498
This has taken a lovely shape and is approaching a long term diagonal support.

The 76-82 mark is my target based on my wave analysis and 50 will be my stop loss.

Enter only when it breaks, even consider waiting for consolidation to confirm support.

Nota
On the daily, you can see that the Stoch RSI is very low and is due a movement upwards syot kilat
Nota
Weekly with very low Stoch RSI also. This seems to good to be true - Perhaps it is - syot kilat
Nota
syot kilat
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Quite the task attemtpting to leabel the waves on this one, this is my most honest count - syot kilat
Dagangan aktif
syot kilat
Nota
Looks to have broken out of the handle with what looks like a retest (circled yellow) - syot kilat

Penafian

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