SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

$NIO is holding support and still fighting to get back above the 50 Day MA and the important $4.50 line

We can also see that the price is moving to the channel resistance yellow line, which has been in place since 2022.

So a breakout above this level and holding is a significant trend change.

Levels we then want to see flipped to support are:

$5.32
$7
and $9.56

With the Wave 3 target at the 1.618 Fib at $10.61

$NIO TOP 20

Comments

Are you looking to add more or are you comfortably loaded up on this stock?

Joel (ASTS Fan Club)


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