NIO Inc.
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NIO BUY/LONG INCOMING 26 to 90 by end 2021

858
TICKER CODE: NIO
Company Name: NIO Inc.
Industry: Consumer Cyclical | Auto Manufacturers | China

Position Proposed: BUY

Technical Analysis

1. Large Pennant / Falling Wedge (Forming)
2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 (Silver Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length


Next Entry: 26.00 (Market could fall and squeeze to 15.00 which would be a key structure level)
1st Partial Take Profit: 90.00 (August-December 2021)
2nd Take Profit: 128.00 (Mid-End 2022)
註釋
The market should potentially fall to 16.00

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