My goodness, $NIO is doing something positive.
Price is back above the important red line at $3.61 and testing the 50 Day MA now at $4.18.
A retest of the red line from above will likely be needed before going any higher, especially if there is going to be a test of the 200 Day MA at $4.60
Converting the red line to support will be a significant trend change and a W for the bulls, which has not come for some time.
Labo
2025-04-24 21:58:47 +0000 UTCDiegoTheSabre17
2025-04-24 19:54:59 +0000 UTC