$NIO TOP 20
Added 2023-12-12 10:02:46 +0000 UTCNice end to the trading day yesterday and in my $NIO chart earlier in the day, we said that the 50 and 200 Day MA were getting closer, which means that a strong move was coming next....we wanted it to be to the upside and that is what we got.
We got our break above the 200 Day MA after holding our blue line on the buy zone limit at $7.38 very well.
This is setting up very nicely and our targets above remain our realistic move next.
As long as $NIO stays above our blue line and the wedge, we have a bullish set up and signs of reversing now.....we are getting close folks.
If we get a retest of the 200 Day MA at $7.60 today....I may consider adding.
Comments
Be greedy for confirmation! 🔥
Chris H
2023-12-12 11:42:41 +0000 UTC
