nio 🚗
special request ~
here's the thing. normally i'd like for wave 4 to get down to the 0.382 algo target before i jump into a trade - but...
things that are extremely bullish, sometimes bottom out at the 0.236.
0.236 algo target sits at $29.42, and this will be our first area to try and buy nio again, with a 4% stop loss.
if that area breaks -> watch for $17.77
if the $29 area hold, our upside target sits between $144~$206.
here's the thing. normally i'd like for wave 4 to get down to the 0.382 algo target before i jump into a trade - but...
things that are extremely bullish, sometimes bottom out at the 0.236.
0.236 algo target sits at $29.42, and this will be our first area to try and buy nio again, with a 4% stop loss.
if that area breaks -> watch for $17.77
if the $29 area hold, our upside target sits between $144~$206.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.