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stocksbayarea

NIO LONG: Target 6.20$

Long
NIO Inc. (NYSE:NIO)  
stocksbayarea  
NYSE:NIO   NIO Inc.
Chart Patterns Technical Indicators Trend Analysis
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chartpattern indicator trendanalysis
NIO seems to have bounced from 4.90$ which may have acted like a support. Unfortunately, 5.30$ becomes a resistance. i would wait for another dip to 4.90 and see if it bounces from there to be a sure shot LONG. If it breaks 5.40$, then 6$ is an easy 10% play for an all in !!
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