SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

The confluence level could not hold, the price action battle for over 3 weeks to stay above this level and finally gave way today and it is moving down to the next support level for a test on the 0.78 Fib at $4.50

This was considered as a possibility and we could not rule it out, as much as we wanted to

If $4.50 is not held then the next test is the final fib level at $4.09 on the 0.887 Fib

$NIO needs to stay above the lows of August on the red line to keep its hope of an impulse wave alive.

I am holding.

$NIO TOP 20

Comments

good entry point?

tinydub

What do you think about that h&s?

StevieV22


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