NIO Huge Discount for a 43$, Target : 50$ end of year

NIO, one of the most beat down stock these past weeks.
Currently sitting under main volume level.
We can see a huge rally on December 2nd :
broke .236 level in a single hour
broke .382 the next hour
finish the day tiping .500
Currently sitting at 43$ (huge discount)
RSI below 40
MACD waiting for a trend reversal
Alert set at : 45.54$ for a long (.382 fib)
Target : 50$ end of 2020
Probably gonna hop in an option for Jan 15th or Jan 8th