$NIO TOP 20
Added 2024-04-22 16:40:28 +0000 UTC$NIO initially started the day off fully correlated with $TSLA and moved down to $3.61 and the wedge bottom level again before rebounding and moving in opposite step to $TSLA now.
Up 3.5% while $TSLA is down 3.5%...a very large change of trend.
Price is testing the 50 MA on the 1hr chart again now.
No date has been set yet for when they will report earnings, I would like to see it happen sooner rather than later, the expected date is around the last week of May, so we can still see a drift down to this date.....on the flip side, maybe they feel that the momentum is still not with EV's right now, so better to wait until the tide has turned slightly.
