NIO looking good for a breakout before earnings.
Big green hulk dildo closing above the 200SMA on the daily. However, 20SMA still acts as strong resistance. Strong support around $34 range. RSI shows higher lows, TTM got a few dots going off, squeeze imminent? Gosh I hate that word now.
Earnings are 4/28, I'm in for a 40c 4/30. Will be selling before earnings 100%
If earnings are good with a nice sell off, I'll prolly buy some 5/21 and 6/18 calls. I'm gonna either need a really strong break or a low I can buy in on.
Shorter time frames have good momentum but get in get out quick. 50SMA is still resistance on the 4Hr.
Earnings are 4/28, I'm in for a 40c 4/30. Will be selling before earnings 100%
If earnings are good with a nice sell off, I'll prolly buy some 5/21 and 6/18 calls. I'm gonna either need a really strong break or a low I can buy in on.
Shorter time frames have good momentum but get in get out quick. 50SMA is still resistance on the 4Hr.
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