NIO has been on a roll the past couple of days, it definitely needed a pullback. I see NIO retesting the 200 MA which perfectly happens to be at the 0.5 fib retracement and then continuing its bullish path towards $50. I do not see this as anything more than that so I am not worried.
This is not financial advice, this is just what I see happening.
And for my followers that are keeping up with my content, this pullback plays perfectly with my "measured move" hypothesis which I will post about tomorrow to show you how price is reacting with the C-D leg.
Follow to keep up with my ideas and predictions!
This is not financial advice, this is just what I see happening.
And for my followers that are keeping up with my content, this pullback plays perfectly with my "measured move" hypothesis which I will post about tomorrow to show you how price is reacting with the C-D leg.
Follow to keep up with my ideas and predictions!
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.