Nio powered through the high end of the range today and there is a potential breakout opportunity setting up. As long as we get a close above the range high (top end of rectangle) and the stock can hold above the $49 area (smaller green rectangle) in the coming days and weeks then the trend is still to the upside.
Stay Curious
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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.
Stay Curious
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.