Ive been long on 
NIO since early 2018 and boy has it been a ride. bummed out that I offloaded a majority of my position from $6 average up to $12. But that's a whole other story
Im really happy to see how (to me) the cycle thatNIO is following is. Profit takers at the top, bears now -think they all a sudden know she's going to tank to "YUAN" ha ha sure...... well it def. nearly kissed it. But rode up to ATH and made a ton of millionaires in the span of 1 yr.
LIKE @kojack14 said:
I have alerts from $42-$44 to signal me if the trend has broken or will continue to rise with the VWAP which has been catapulted this thing to the moon!
I see $50 pre ER and a 5-15 dollar pullback as we continue North to no mans land .... winter is here.
******* to be fair and conservative: once 46-47 hits ... if you have JAN15.21 $25-30 calls ---- start to take profits and roll over to later exp ---
( I went out to jan.2022 with all profits. ) holding 5 contracts that are currently up 125% + in less than 8 trading days.
as far as my chart goes .... I hope its self explanatory.
- the (dotted base line "east to west" was my resistance turned support @ $27.60 as of 10/19
-the solid base line "east to west" was my resistance / support reference for ER projection as of 8/20
- orange, yellow & white trend lines are projections
My original conservative projection was $35 by DEC.27 which was the ER date that got switched from 11/17 to 12/27 and then back to 11.17.
either wayNIO looks strong and I DO BELIEVE
NIO since early 2018 and boy has it been a ride. bummed out that I offloaded a majority of my position from $6 average up to $12. But that's a whole other story Im really happy to see how (to me) the cycle that
NIO is following is. Profit takers at the top, bears now -think they all a sudden know she's going to tank to "YUAN" ha ha sure...... well it def. nearly kissed it. But rode up to ATH and made a ton of millionaires in the span of 1 yr. LIKE @kojack14 said:
I have alerts from $42-$44 to signal me if the trend has broken or will continue to rise with the VWAP which has been catapulted this thing to the moon!
I see $50 pre ER and a 5-15 dollar pullback as we continue North to no mans land .... winter is here.
******* to be fair and conservative: once 46-47 hits ... if you have JAN15.21 $25-30 calls ---- start to take profits and roll over to later exp ---
( I went out to jan.2022 with all profits. ) holding 5 contracts that are currently up 125% + in less than 8 trading days.
as far as my chart goes .... I hope its self explanatory.
- the (dotted base line "east to west" was my resistance turned support @ $27.60 as of 10/19
-the solid base line "east to west" was my resistance / support reference for ER projection as of 8/20
- orange, yellow & white trend lines are projections
My original conservative projection was $35 by DEC.27 which was the ER date that got switched from 11/17 to 12/27 and then back to 11.17.
either way
NIO looks strong and I DO BELIEVE
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.