NBAC this "SPAC" stock corrected big but the RSI is still above 50 and the short term moving averages are turning back up, bullish short term for now.
Monday, December 7, 2020
NBAC Newborn Acquisition Corp
BLNK Blink Charging Company
BLNK has pulled back to the full Fibonacci retracement and bounced up, good for now but traders will have to be nimble with this volatile stock.
BIGC Bigcommerce Holdings Inc
BIGC was brought to your attention before, the stock has broken the down trend lind, and the RSI crossed above 50, it's looking more like a new bull run.
NIO Nio Inc
NIO chart is similar to others in the EV industry, and it is looking a little worrisome. RSI dipped below 50 showing that strength is falling and the moving averages are turning down. There is support at $38 but it must hold and turn up for investors to regain confidence. For now be warned.
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