$NIO likely does not deserve this treatment now, especially while it is starting to be consistent and hitting monthly targets.
The earnings miss in June is the only logical explanation for this continuous weakness but that is me searching for answers.
The trend has not been helpful however on the chart.
The mid July low is being tested now, losing this level and the last Fib support is at $3.89....losing this and we are in pain territory....the April now at $3.61 is next.
Chris H
2024-08-05 13:22:48 +0000 UTCScott Glover
2024-08-02 01:28:35 +0000 UTCSteven
2024-08-01 19:55:24 +0000 UTC