NIO 1/5/2022
Updated
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
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
Note
Updating target:Target: 12.00 or Trailing 20ema
Note
Updating Target:Trailing 10ema
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