Lanmar

NIO - ready for another leg higher

Lång
Lanmar Uppdaterad   
NYSE:NIO   NIO Inc.
LOVE what I'm seeing right now in NIO. I have a position.

Important we see continued relative strength in the stock. Imminent breakout if so IMO.

Could buy at the breakout above 21 and/or in the purple box:

I am long and will add in the purple box as well as the breakout
Kommentera:
Another layer filled at 19.10. My next buy layer is at 18.80. The rest will be on a breakout if it happens
Trade stängt: Stopp nått:
Potentially breaking down with the market. I got stopped
Handel aktiv:
Bought back 18.50, my original cost. A bit chopped but that's part of the game if stops aren't wide enough, which mine were not. Stop is now below yesterday's low
Kommentera:
Still very bullish on NIO:
Kommentera:
1hr Breakout:
I expect resistance at 20.50. I added at 19.40
Kommentera:
NIO just crossed 20.50 and approaching its next resistance where I think price will have difficulty crossing today. This is a big winner for me today and well deserved after getting stopped out twice:
Trade stängt: målet nått:
I took profit on HALF the position at 20.63:

I am still long common stock and call options
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