Trendoscope

Price went up too fast?

Trendoscope Wizard Mis à jour   
NYSE:NIO   NIO Inc.
Price trading above upper Bollinger band of 60 SMA and 3.5 std deviation. ATR is peaking as well. Seeing similar pattern of what happened with RUN and LAC earlier.

Personally will not open any new position until it consolidates. And will not also close existing positions. My sentiment at present is HOLD.

Will wait till next consolidation phase to add more.
Commentaire:
Took some time. But, it is coming down.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.