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NIO Swing Long - Double Bollinger Band Breakout
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Thanks for checking out my trade idea. Please feel free to follow me and like this idea.
NIO has been in contraction, and as of the last 3 daily candles it has begun to expand. I'm looking for follow thru expansion this week, very similar to the PINS move that occurred last week. The size of NIO's contraction box is roughly $5.5. Therefore, my targets would be $26.5 to $32. One to two times the size of the box within the next 5 to 10 trading days.
As always, we only trade confirmed Double Bollinger Band Breakouts.
Thanks for checking out my trade idea. Please feel free to follow me and like this idea.
NIO has been in contraction, and as of the last 3 daily candles it has begun to expand. I'm looking for follow thru expansion this week, very similar to the PINS move that occurred last week. The size of NIO's contraction box is roughly $5.5. Therefore, my targets would be $26.5 to $32. One to two times the size of the box within the next 5 to 10 trading days.
As always, we only trade confirmed Double Bollinger Band Breakouts.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.