Nio almost looking like reversal here but could also be a trap.
it usually runs with Tesla sometimes, and also china deal talk.
Recently we got a downgrade on tesla so that might make tomorrow the last green day b4 it drops, unless some crazy news come out to carry it.
May enter a long position next week if we become bullish again.
There were some odd call activities the last few days thou.
i am temped to get a small call position to swing over the weekend.
it usually runs with Tesla sometimes, and also china deal talk.
Recently we got a downgrade on tesla so that might make tomorrow the last green day b4 it drops, unless some crazy news come out to carry it.
May enter a long position next week if we become bullish again.
There were some odd call activities the last few days thou.
i am temped to get a small call position to swing over the weekend.
Order cancelled
i knew it! that resistance was either gonna give nio room to run or crash it down.
If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.substack.com/about
Free Newsletter --> diywallst.substack.com/about
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.
If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.substack.com/about
Free Newsletter --> diywallst.substack.com/about
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.