NIO Inc has a nice cup and handle setup forming on the 6HBack in mid Oct I was able to nail that reversal break. I jumped and grabbed some NIO myself at that time. For those who don't know NIO (stock) is a Chinese car manufacturer also known to be called 'The Tesla of China'. It for sure is one to watch. It would appear now on the 6H NIO has formed a nice looking cup of a cup and handle patter. I have the projection area marked as to what I would like to see from the handle part of the pattern. Trying to find a good candle confirmation to get in... but I might have to wait on Monday.. havnt decided yet.. Anyway, be sure to keep an eye on this one. Big things in the long term.
