$NIO The OBV is showing signs of a squeeze
Watching the OBV, I notice that it has tanked recently forming a wedge.
Usually stocks build up the pressure, release it on the OBV, and the stock price rallies for months if it plays out on a long-term chart, as is the case with NIO.
I'm expecting a rally to $30-$40 in the coming months.
Usually stocks build up the pressure, release it on the OBV, and the stock price rallies for months if it plays out on a long-term chart, as is the case with NIO.
I'm expecting a rally to $30-$40 in the coming months.
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