$NIO TOP 20
Added 2024-08-27 19:05:45 +0000 UTC$NIO has been flirting with the top trend line of this channel all week, in spite of the outrageous 100% tariff Canada has implemented on Chinese EV's which I believe breaks the rules of the WTO.
The wedge is tight now, so a direction must be taken this week I believe, we want to see a break above $4 and holding and then a break above the 50 Day MA at $4.30
A break down and we are looking at a third test of the red line at $3.61.
