$NIO TOP 20
Added 2024-07-15 14:42:49 +0000 UTC$NIO flushed down at the opening with a lot of Chinese ADRs today but managed to find support on the 0.618 Fib exactly at $4.54.
If the price can stay at this level, then we have a higher low, which is what we are also observing with other Chinese stocks we follow.
Breaking above the 50 Day MA remains the big test for $NIO and so far it has been a resistance in July.
It is following the HSI, so we will let that guide us here too.
Comments
heartbreaker continues to break hearts
Steven
2024-07-15 15:32:26 +0000 UTC
