SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

$NIO continues to be held down by the 50 and 200 Day MA and a lower low is made now too, so the last Fib support level now comes into play at $4.08.

Unfortunately if this level is not held then the Red Line at $3.62 is a possibility and this level has already been tested 2 times in the last 12 months.

I think holders of $NIO are aware that this has been a possibility for the last 12 months if a higher low is not made.

I am still holding regardless.

$NIO TOP 20

Comments

Lot of fib confluence levels at 4.01/.02. Gotta think, hope or pray they will hold and we get some confirmation

G4Golf

Thanks, Gar. How "strong" is $3.62?

Thomas


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