NIO Inc.
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NIO - we're bullish on China

1608
hi traders,

NIO has experienced a huge correction after reaching 7,70$ in the end of September.

In my opinion, this correction is big enough and NIO may be ready for a trend reversal very soon.
Bullish divergences on 4h time frame are present which confirms my bullish bias.
If the price dips lower, buy the dip and DCA when it's cheap.

6,85$ is my target area but it won't surprise me if it goes higher.

I'm bullish on NIO and other china stocks.

Good luck
交易進行
most likely bottom is in. NIO bottomed out
註釋
Buying more NIO at 4,60 now. Still cheap
註釋
NIO made a higher low. It may be the last chance to buy cheap NIO. Don't miss it out.
註釋
Update here:
NIO will follow BABA

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