SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

$NIO tested the top of the yellow channel this week, where the 50 Day MA was waiting and has so far rejected after a sell off yesterday, moving comfortably in the PM today so there is no lower low yet however, so there may be another attempt at this channel level again and 50 Day MA at $4.30

Bulls need to get above this level and most importantly, hold on the retest, which it was not able to do at the start of June

A holding above the 50 Day MA would attract me to add.....but with other opportunities available right now, I am in no rush to add to my position here.

$NIO TOP 20

Comments

Will do

Gareth Neary

Hi Cap, will you help with an alert when to add pls? I want to dca and not too confident to do’it for the moment keeping in mind your info’s…average is now 10.56…i am in to Nio since 2022 and considering ling term holding

WallyN πŸ‡·πŸ‡΄


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