SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

$NIO is testing the top of its channel once again today at $4.15, with the 50 Day MA at $4.33.

I think we are all aware what needs to be done here by the bulls, a breakout and converting the 50 Day MA to support, before making a move up to the next blue line at $5.32, where the 200 Day MA will be waiting.

Earnings date has been set on the 5th of Sept, it needs to beat.

$NIO TOP 20

Comments

I think this could be replaced with a better stock. It’s kind of a waste of a weekly chart. There are so many other better companies that could be here

Marty Austin


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