Update on NIO: Trading in a bullish channel - breakout yesterday

מעודכן
This is an update on this analysis below:
NIO - ready for another leg higher


Right now it looks like NIO is in this channel with a likely target in the mid-twenties and higher. We'll see if it gets there fast or slow, hence the extended target range.
הערה
Retested breakout zone with a corrective wave and now rebounding:
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הערה
For the day-traders... Breakout in NIO could be imminent:
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הערה
There it is:
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הערה
NIO is now in my target zone:
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I am still long and will monitor on the 1hr chart. Ideally I'm looking for profit targets at 26 - 27
הערה
Pleasantly surprised a break above 27. I still have a position. Here is my trailing stop which will be adjusted as structure develops:
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NIOTrend AnalysisWave Analysis

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