$NIO TOP 20
Added 2024-04-18 14:31:58 +0000 UTC50 MA on the 1hr chart is at $4.20 and this has been a resistance level during its time in this long descending wedge, so bulls need to start flipping moving averages soon.
We can see that the 200 MA on the 1hr chart is also aligning with the top of the wedge too, making this a confluence level
Plan remains the same here, do very little until this can break out of this wedge.
