$NIO TOP 20
Added 2024-04-01 17:02:18 +0000 UTC$NIO March delivery numbers and the Q1 update came out today and $NIO hit their re-estimate target of 30k deliveries for the the quarter. I think this news have been baked in at this stage and probably why we got the decline over the last 10 days.
Green today but very much in the middle of this red wedge and staying below the 20 and 50 MA on the 1hr chart, so we are not seeing a change to the trend here.
This will start to get very tight in this wedge if the trend continues over the next month.
