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NIO Inc.
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$NIO - $3 Price Target (Weekly Chart)

Oleh TheTradingStar
Diupdate
Bearish Channel is intact on the Weekly Chart. Heading lower in the longer time frame with a Support Zone from 3.56 to 2.37. The mean reversion of this zone puts the price target object to around $3. Bear flags have been setup for continued downside. Short on flag resistance for continue leg down. Short at break of flags.
Catatan
Bear Flag broken. Short to next local target around $3.80. Length of pole = measured downside.
Catatan
Selling on Strength Continues
Catatan
Bear flag has cracked, new leg down. Bear Channel well intact.
Catatan
New leg formation. Heading lower.
Catatan
Another new local level bear flag spotted today possibly setting up, downward trend continues
Catatan
Bear Flag still intact
Catatan
Local bear flag from April 3 has cracked, heading lower.
Catatan
Downward Channel intact.
Catatan
Bearish channel intact. New local bearish flag setting up. watch for new legs heading lower. Gap at $2.50
Chart PatternsTechnical IndicatorsNIOTrend Analysis
TheTradingStar
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