Bozz's Trade Idea: 
NIO
Bozz's Trade Idea:NIO
I am thinking of taking a position in NIO.
Why?
The stock is bouncing around the $7 support area, while MACD and RSI are moving upward. The accumulation distribution is starting to curl up in the past few trading sessions, suggesting accumulation has started to happen.
If the $7 support fails, though, it can fall right to $4.81. So, know your risk.
Upside Targets:
$9.97
$12
$13
Downside risk:
$4.81
NIO Bozz's Trade Idea:
NIO I am thinking of taking a position in NIO.
Why?
The stock is bouncing around the $7 support area, while MACD and RSI are moving upward. The accumulation distribution is starting to curl up in the past few trading sessions, suggesting accumulation has started to happen.
If the $7 support fails, though, it can fall right to $4.81. So, know your risk.
Upside Targets:
$9.97
$12
$13
Downside risk:
$4.81
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.