Based on my analysis:
1. NIO formed symmetrical triangle (11 Nov>20 Nov - 8days ).
2. Stochastic shows bullish bias.
3. MA 20, 50 & 200 indicate NIO in strong uptrend.
4. My target to TP (1) 54.35 USD, (2) 56.25 USD & (3) 58.50 USD.
Syeikh Hafiz
Stock Market Analyst
1. NIO formed symmetrical triangle (11 Nov>20 Nov - 8days ).
2. Stochastic shows bullish bias.
3. MA 20, 50 & 200 indicate NIO in strong uptrend.
4. My target to TP (1) 54.35 USD, (2) 56.25 USD & (3) 58.50 USD.
Syeikh Hafiz
Stock Market Analyst
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