Ascending channel
If it respects it, you can trade at the Price Targets shown
if it breaks the pattern, I'd be relatively scared for the short to mid term
My current ichimoku indicators show bearishness, with the potential of reversing.
It also depends on how you view this company.
I have a position in nio and I am leaning toward the bullish side.
Please set a stop loss that is within your risk/loss tolerance!!!
Best,
P
If it respects it, you can trade at the Price Targets shown
if it breaks the pattern, I'd be relatively scared for the short to mid term
My current ichimoku indicators show bearishness, with the potential of reversing.
It also depends on how you view this company.
I have a position in nio and I am leaning toward the bullish side.
Please set a stop loss that is within your risk/loss tolerance!!!
Best,
P
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