Electric Car Maker NIO Hammers Breakout

Electric car maker NIO Inc. (NIO) is hammering an epic breakout level. When it breaks, the stock has significant upside to $4.50 from its current $2.92 level. This is a beautiful stock chart setup for investors and traders who are looking for a big mover in the next few days/weeks. The key is watching for the breakout and then jumping on. It appears that the $3.00 wall in the stock is the breakout point. A daily stock price close above that level, sends NIO surging.

Gareth Soloway

InTheMoneyStocks