nio 🚗
special request ~
here's the thing. normally i'd like for wave 4 to get down to the 0.382 algo target before i jump into a trade - but...
things that are extremely bullish, sometimes bottom out at the 0.236.
0.236 algo target sits at $29.42, and this will be our first area to try and buy nio again, with a 4% stop loss.
if that area breaks -> watch for $17.77
if the $29 area hold, our upside target sits between $144~$206.
here's the thing. normally i'd like for wave 4 to get down to the 0.382 algo target before i jump into a trade - but...
things that are extremely bullish, sometimes bottom out at the 0.236.
0.236 algo target sits at $29.42, and this will be our first area to try and buy nio again, with a 4% stop loss.
if that area breaks -> watch for $17.77
if the $29 area hold, our upside target sits between $144~$206.
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