Good afternoon, the chart is quite clear and NIO is a trending stock (it doesn´t lateralize).
It has created a rounded bottom that I personally think gives it projection to go quite far (in terms of technical analysis ) if we complement it with fundamental analysis we see NIO as a very good stock to have in the portfolio with a really good long-term projection (I don´t trade regularly).
I believe that tomorrow there will be a lot of volatility in the markets due to the IPC data, so it will probably give a good entry zone in NIO .
As always it is not an investment advice
Stay safe, stay strong
It has created a rounded bottom that I personally think gives it projection to go quite far (in terms of technical analysis ) if we complement it with fundamental analysis we see NIO as a very good stock to have in the portfolio with a really good long-term projection (I don´t trade regularly).
I believe that tomorrow there will be a lot of volatility in the markets due to the IPC data, so it will probably give a good entry zone in NIO .
As always it is not an investment advice
Stay safe, stay strong
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.