Chart Patterns and TA

[gfp927z]

The NIO chart does not currently qualify as a pincher, based on the classic PPO/ADX chart setup. NIO's runup in February wrecked the setup.

You can still try to trade NIO, but not based on the normal pincher rules. It broke key support, so is still a falling knife.

To see a classic pincher, see the GE chart, which pinched in Nov/Dec.