ContraryTrader

Nio delivery numbers

Short
NYSE:NIO   NIO Inc.
Are pretty bad + Plus we have a H&S showing. One thing I've learned charting is ,If the news compliments the pattern its increases the chances of the pattern fulfilling.


we have some gaps below that I think might get filled. Next support is 50sma at 37.50

Entry - below 37.50
Targets are listed


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.