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NIO 1/5/2022

Short
NIO Inc. (NYSE:NIO)  
rudcharts Updated   
NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns Triangle
1
10
trendanalysis chartpattern triangle
Price was in Descending triangle until it broke down.
We also have a death cross signaling the start of a bear market.
The pullback after breakdown turning support to resistance is entry signal.

Entry: 29.85
Stoploss: 34.05
Target: 12.00
Comment:
Updating target:

Target: 12.00 or Trailing 20ema
Comment:
Updating Target:

Trailing 10ema
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