Hello traders,
I posted a chart analysis on NIO on May 17th explaining how the bottom was in and I believed that the bearish trend was finally reversing. Well after some time and a few extra candles for confirmation it seems my analysis was right! I hope my followers bought when I suggested the bottom was in! Right now the charts look solid. Heavy growth on sub par volume means nobody is selling and investors are starting to accumulate again.
My personal opinion is that NIO is poised to break away to new ATH in the short to mid term. Especially with all the fundamental news coming out about the company recently. Seriously give a quick look up and I think you may be impressed. Comb through the charts and you'll see it.
As always,
This is not financial advice, do your own DD, invest at your own risk, and I wish you wealth!
I posted a chart analysis on NIO on May 17th explaining how the bottom was in and I believed that the bearish trend was finally reversing. Well after some time and a few extra candles for confirmation it seems my analysis was right! I hope my followers bought when I suggested the bottom was in! Right now the charts look solid. Heavy growth on sub par volume means nobody is selling and investors are starting to accumulate again.
My personal opinion is that NIO is poised to break away to new ATH in the short to mid term. Especially with all the fundamental news coming out about the company recently. Seriously give a quick look up and I think you may be impressed. Comb through the charts and you'll see it.
As always,
This is not financial advice, do your own DD, invest at your own risk, and I wish you wealth!