Bozz's Trade Idea: 
NIO
Bozz's Trade Idea:NIO
I am thinking of taking a position in NIO.
Why?
The stock is bouncing around the $7 support area, while MACD and RSI are moving upward. The accumulation distribution is starting to curl up in the past few trading sessions, suggesting accumulation has started to happen.
If the $7 support fails, though, it can fall right to $4.81. So, know your risk.
Upside Targets:
$9.97
$12
$13
Downside risk:
$4.81
NIO Bozz's Trade Idea:
NIO I am thinking of taking a position in NIO.
Why?
The stock is bouncing around the $7 support area, while MACD and RSI are moving upward. The accumulation distribution is starting to curl up in the past few trading sessions, suggesting accumulation has started to happen.
If the $7 support fails, though, it can fall right to $4.81. So, know your risk.
Upside Targets:
$9.97
$12
$13
Downside risk:
$4.81
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.