Pinterest, Inc.Long
NIO Swing Long - Double Bollinger Band Breakout
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Thanks for checking out my trade idea. Please feel free to follow me and like this idea.
NIO has been in contraction, and as of the last 3 daily candles it has begun to expand. I'm looking for follow thru expansion this week, very similar to the PINS move that occurred last week. The size of NIO's contraction box is roughly $5.5. Therefore, my targets would be $26.5 to $32. One to two times the size of the box within the next 5 to 10 trading days.
As always, we only trade confirmed Double Bollinger Band Breakouts.
Thanks for checking out my trade idea. Please feel free to follow me and like this idea.
NIO has been in contraction, and as of the last 3 daily candles it has begun to expand. I'm looking for follow thru expansion this week, very similar to the PINS move that occurred last week. The size of NIO's contraction box is roughly $5.5. Therefore, my targets would be $26.5 to $32. One to two times the size of the box within the next 5 to 10 trading days.
As always, we only trade confirmed Double Bollinger Band Breakouts.
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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.