$NIO TOP 20
Added 2024-11-19 10:35:17 +0000 UTCWe have managed to hold support on the 0.78 Fib at $4.50 and we have a higher high in the PM, the big test coming up will be the 200 Day MA just slightly above at $5.
Earnings tomorrow, so we may see some positive movement today but it is unlikely to move any higher until their earnings report is out.
$XPEV has just reported their earnings this morning and losses are narrowing while revenue increased by +18% and the share price is up +4.5% in the PM.
Like I said yesterday for $NIO, the same improvement as their last earnings and I expect a positive response.
If it misses, then we know where the lower levels are...$4.09 and $3.61.
