NIO Stock Analysis [Pt: 2]

stock lessons Sep 30, 2020

This episode is part two of our previous discussion on NIO stock. We encourage traders to not try to predict but just observe and follow the trend of any given stock. In the case of NIO, we encourage following the push if it's there but when it pulls back (as expected) be ready to stop out and buy in on the next uptrend at at even better value from the pull back. Support and resistance as well as moving averages will help you identify pull backs and pushes.

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