NIO Technical Analysis - Bearish Divergence
In this video I look at the technical analysis of NIO stock price. It is running in a clear up trend but might be due for a correction.
In the video I give you some targets to look for that might hold support where you can buy the dip.
There is also a bearish divergence in the daily time frame and that prolly probable lead to a big move either up or down.
With that in mind be careful for a sell off and keep your eye on the RSI
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Disclaimer: Please be careful when trading this channel is just my opinion of what the charts look like and what I see. This is to be used ALONG side your technical analysis and to give you things think about that you might of missed. You have to make your own decisons so be careful this is risky business.
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