NIO Swing

 



Excellent setup here, super tight action, industry help. 

Flags everywhere, got starts as it popped through zones, reset lower and coiled around hi, never got low enough for me to want out. broke flag higher, added more, than another add on anther triangle break. 

Next HOD ran into TL and broke it headed higher, seems like more. 

Closed super strong near HOD. With major TL break. Seems like an A+ start so far. Looking for break of 50 to take some off. Really good signs of a solid break showing, kept up with same vol, only looks like more coming. 

Dont see reasons to exit, but better to have a plan just in case. Out if hold under 47. Would mean bo failure. 

Add situation may appear, add if we consolidate around / above 48.50 and break higher. 

2nd day

Put in an ATR to pt breakout to start the day. Took 1 off as it pulled back in. 

Cut majority of this trade off as it couldnt hold above anything, failed breaks higher, industry sucking all day, broke triangle lower, no reclaims. Not going ot sit around and lose more money. Still holding 1 but locking in gains before I give them all back. 

Pretty impressive how I can get out right at the bottom. 

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