Aug. 24 at 7:41 PM
$NIO For NIO to get out of the
$5.25-5.50+ area was huge. The fact it closed with a big volume day on a Friday around
$6.5O indicates more upside on Monday. Right now, the 52 week high should be the next target.
$7.25-
$7.50 possible with another big volume day. As long as you have big volume, it should help. But, watch the RSI as it reaches above 80+ on the Daily Charts- we could get to 85 -90 RSI before it cools off. Right now, it should match to
$7.50-
$7.75 without much resistance.