Get started
HarrisIqbal

NIO found Daily Support. Bullish Swing

Long
NIO Inc. (NYSE:NIO)  
HarrisIqbal  
NYSE:NIO   NIO Inc.
Trend Analysis Technical Indicators NIO Tesla Motors (TSLA)
8
3
trendanalysis indicator nio tsla
Justification and PTs provided on Chart.

Daily Chart:

(1) Bounced off Support
(2) Hull Moving Average (period 16)
(3) MACD Bullish Crossover
(4) RSI low and trending positive

PT1: $38 (0.618 Fib) and at Downtrend Resistance
PT2: $40.7
PT3: $44.27

Expected PT1 ~ end of Jan 2022
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.