Nio to $20

2023年9月15日

And then onwards and upwards.

** Investment opportunity **

On the above 12 day chart price action has corrected since a sell signal printed at $57 back in January 2021. A number of reasons now exist to be long. They include:

1) Price action and RSI resistance breakouts.

2) Price action confirms support on past resistance. Look left.

3) Price action is on the Golden Ratio.

4) No stock splits.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: Investment
Risk: 6-10%
Timeframe: A long position between now and end of October 2023.
Return: 1st target $20. 2nd target, will say elsewhere.

2023年9月20日

交易結束：達到停損點

Good grief that stop loss was wiped out in days. Need to wait and see what support 7 dollars offers.