Peter Smith
As the broader market eyes a potential rotation into growth and tech-related names, some lesser-watched stocks are beginning to flash bullish signals. Among them, NIO and DJT have recently attracted attention from traders analyzing momentum and chart setups. Recent indicators suggest that both equities could be on the verge of significant breakouts—especially if key resistance levels are cleared.
NIO Signals Breakout Potential Above $4.09
Electric vehicle manufacturer NIO (NYSE: NIO) is gaining attention after forming a bullish setup on its chart. The velocity indicator is showing a higher low, while the price moves closer to breaking above the $4.09 resistance level. If this level is cleared, analysts suggest the stock could rally toward $5.50, marking a strong recovery from previous declines.
The chart shows the white line (likely price or oscillator) crossing above the yellow moving average—an early sign of a potential trend reversal. With momentum building, bullish traders are closely watching for confirmation of this breakout.
DJT May Follow with Rally Toward $25
In parallel, Trump Media & Technology Group (NASDAQ: DJT) appears to be setting up for a similar bullish move. The chart hints at a higher low forming on the velocity indicator, a typical precursor to a price rally. Technical watchers have identified $25 as the next major Fibonacci target for DJT, suggesting significant upside from current levels.
With momentum improving across both tickers, market sentiment may be shifting in favor of growth names once again.
Peter Smith
