NIO Inc.

When will it stop dropping? Let's see... šŸ§

999
This one has been frustrating the advanced breakouts in the RSI, and it has not doing anything interesting recently. Situations like this are very annoying, but letā€™s keep in mind that at some point it will do a good movement next.

This is a congestion, and we can break to any direction. But letā€™s watch the 46.80 and the 44.59.

cuplikan

If we break the 46.80 then fine, NIO will just go higher to the 50 and continue the bull trend. But by losing the 44.59 we might see our stock at 42.67 again, and with a good chance of losing this price level.

For now, thereā€™s nothing to do, but Iā€™ll keep you guys updated. But I agree that movements like this makes us disappointed with NIO, but this drop occurred on many stocks, not only NIO. Personally, I have many other stocks on my radar, just waiting to be traded.

If you liked this trading idea, remember to click on the ā€œFollowā€ button to get more trading ideas like this, and if you agree with me, click on the ā€œAgreeā€ button šŸ˜‰.

See you soon,
Melissa.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.