NIO is setting up bullish uptrend on daily, it's in the process, there's no confirmation as of yet but there's a positive divergence starting to appear which could be the first sign of bearish trend reversal. Short-term is in bullish formation now and the price could go higher from here.
Nota
P.S.There are many other indicators that are being used for this TA, the above snapshot is only an example. The usual setups and strategies are based on trend-trading and include indicators like trend strength, squeeze oscillator, etc. from trading firms like Simpler Trading, GoNoGo Charts and others.
And as you should know - always follow your strategy and make your own choices.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.