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ahmedabdelsalam1202

Inverted Hammer NIO Trade on D timeframe

Largo
NIO Inc. (NYSE:NIO)  
ahmedabdelsalam1202 Actualizado   
NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns Technical Indicators NIO niolong niobuy niostock entrysetup longsetup
4
0
trendanalysis chartpattern indicator nio niolong niobuy niostock entrysetup longsetup
ENTRY: ~ 42
EXIT: ~ 55
STOP LOSS: 38
-We had an inverted hammer pattern in NIO and it was confirmed today as it didn't break the pattern yet.
- Looks like a good setup right now, as it is trading around the ~ 42 previous support level.
-We also have high volume which confirms the pattern + support level


Operación activa:
-Stochastics cross up
- RSI looking to exit the bearish zone
- The ticker is also trending up above the 200 day EMA (SUPPORT)
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