NIO Inc.

Looking for an entry before earnings

826
NIO has earnings on 4/29. NIO usually likes to rally before earnings. So I'm looking for a buying opportunity right now.
I'm not holding on earnings day, I will probably sell a day or 2 before earnings after reaching my profit targets.
Playing earnings day is a gamble, that's why I always sell before earnings. Buy the hype, sell the news.
Yesterday NIO broke the resistance line, I would like to see NIO to go down and test the (now new) support line and see if it holds
[7:28 AM]
If it does hold, and it bounces back up above the resistance line (yellow dotted line above) then I'm very bullish(edited)
[7:29 AM]
If it fails it'll probably fall down to $35 again, and then start moving up

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.