$NIO TOP 20
Added 2024-07-16 18:39:29 +0000 UTCNice recovery today after a weak start to the week but as we said yesterday, there was a hold of support on the 0.618 Fib yesterday and now we have bounced back up to the 50 Day MA and just testing it now, the plan remains the same, a flip of this MA to support will be needed to show signs of a reversal.
For me, getting back above the blue line at $5.32 is very important, securing this as support will mean a strong attempt can be made at the 200 Day MA just slightly above
For now, nice recovery from yesterday.
