NIO Stock Price Prediction: Breakout Sparks Bullish Momentum
NIO has captured investor attention with an impressive breakout that delivered a 25% gain in just two weeks. The stock’s move above the critical $7.45 resistance level represents a significant technical shift, transforming previous barriers into potential launching pads. This breakout signals the beginning of what could be a sustained rally, creating opportunities for investors looking to capitalize on the Chinese EV maker’s renewed strength.
Chart Analysis: Technical Breakout Confirms Bullish Shift
The weekly chart reveals encouraging developments supporting the bullish narrative. Famous trader Víctor Galán noted that NIO’s decisive close above $7.45 confirms the upside breakout,…
