Keeping an eye on NIO today. I have a position but if it breaks out of this Symmetrical Triangle to the upside with confirmed volume, I will be adding to my position.
Reasons:
1. Volume contracted on consolidation
2. Earnings beat last 3 quarters
3. EV sector.. and China stocks may outperform US in near term due to frothy US market in my opinion.
(other reasons I will not publish)
Please do not take this as investment advice. Make your own decisions.
Reasons:
1. Volume contracted on consolidation
2. Earnings beat last 3 quarters
3. EV sector.. and China stocks may outperform US in near term due to frothy US market in my opinion.
(other reasons I will not publish)
Please do not take this as investment advice. Make your own decisions.
Catatan
Down today on low volume. Sold lots of postions today but holding for now
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.