TICKER CODE: NIO
Company Name: NIO Inc.
Industry: Consumer Cyclical | Auto Manufacturers | China
Position Proposed: BUY
Technical Analysis
1. Large Pennant / Falling Wedge (Forming)
2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 (Silver Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Next Entry: 26.00 (Market could fall and squeeze to 15.00 which would be a key structure level)
1st Partial Take Profit: 90.00 (August-December 2021)
2nd Take Profit: 128.00 (Mid-End 2022)
Company Name: NIO Inc.
Industry: Consumer Cyclical | Auto Manufacturers | China
Position Proposed: BUY
Technical Analysis
1. Large Pennant / Falling Wedge (Forming)
2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 (Silver Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Next Entry: 26.00 (Market could fall and squeeze to 15.00 which would be a key structure level)
1st Partial Take Profit: 90.00 (August-December 2021)
2nd Take Profit: 128.00 (Mid-End 2022)
Catatan
The market should potentially fall to 16.00
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.
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.