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NIO closing on top of the 20 day SMA, could fill 20% gap UP

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NIO Inc. (NYSE:NIO)  
stockbot69  
NYSE:NIO   NIO Inc.
Trend Analysis Technical Indicators Fundamental Analysis NIO niostock electricvehicles Tesla Motors (TSLA) evstocks
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trendanalysis indicator fundamental nio niostock electricvehicles tsla evstocks
NIO closing on top of the 20 day SMA, could fill 20% gap UP

EMAs trying to punch thru the 20 day SMA and breakout
Recently announced promising earnings and deliveries are up 125% year over year for July

Tesla is also trying to breakout upwards, and can help boost $NIO as EV hype returns

First sell at $50.50, Second at $52 or overbought RSI
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