NIO Inc.
Panjang

NIO descending triangle

NIO has been consolidating for quite some time. I figured this might be a descending triangle and the possible playouts that might occur are indicated by the blue arrows. The support/resistants are possible entry/exit points.
Please share your ideas or tell me if you agree.

breakdownbreakdowntradingbreakoutbreakouttradingchartanalysisChart PatternsDescending TriangleGrowthNIOniostockTrend Analysis

Penafian