$NIO TOP 20
Added 2024-12-09 13:40:55 +0000 UTCBig movements in the PM now for Chinese ADRs as we lead into the Economic Conf on Weds.
PM now is exactly at the 200 Day MA at $4.91 which is no surprise.
This is the first big test for us to get back up to the blue line at $5.32 where the 50 Day MA is exactly at now too.
So above this blue line and $NIO is back above all important MA's and a pivotal support line.
Just needs to hold above this line and we have a positive sign of a reversal here.
