So NIO has been tanking lately.
But right now what we can see is a double bottom pattern which might lead us back to a higher price.
The first resistance area is around 44-46 above it is a long trend line which right now works as a resistance.
We could pass the red area and test it as a support then I expect a move up.
If the test goes wrong we could easily drop back to the area around 35.
As we all know... the price of all EVs depends on TSLA and with the news that just came up I expect Tesla to be bullish this week.
We will see.
Remember this just a chart idea not fundamentals and it is not including that it is a Chinese stock.
But right now what we can see is a double bottom pattern which might lead us back to a higher price.
The first resistance area is around 44-46 above it is a long trend line which right now works as a resistance.
We could pass the red area and test it as a support then I expect a move up.
If the test goes wrong we could easily drop back to the area around 35.
As we all know... the price of all EVs depends on TSLA and with the news that just came up I expect Tesla to be bullish this week.
We will see.
Remember this just a chart idea not fundamentals and it is not including that it is a Chinese stock.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。