$NIO TOP 20
Added 2024-05-01 13:24:59 +0000 UTC$NIO delivered 15,620 vehicles in April 2024, representing a strong increase of 134.6% year-over-year. The deliveries consisted of 8,817 premium smart electric SUVs, and 6,803 premium smart electric sedans.
15,620 is not a bad result for the month of April and again we are seeing green to start the day.
50 Day MA is at $4.97 now so we may see a test of this level today or at some stage this week.
Its been said already in the group but it is worth mentioning again, a retest of the wedge breakout level is still possible next as a retest as a higher low, this would not be a bad sign, proving a higher support is always needed and adds strength to a structure.
Lets see how the 50 Day MA is handled first.
