$NIO TOP 20
Added 2024-03-22 11:56:19 +0000 UTC$NIO is not looking pretty
Rejecting at the wedge line at $6.31 has caused this to drop hard.
The gap fill is almost certain now to $4.74 and if I am being honest, I do not see how this level holds either, I think members need to prepare themselves for this to move down the wedge for the next month and a half.
$TSLA has instructed their suppliers to expect lower than expected orders for April and I can't see how this is going to positively affect the sector.
Sit and forget about this, focus on the rest of your portfolio.
I asked members yesterday what % allocation do they have in $NIO and thankfully the vast majority were less than 20% who hold this.
$NIO is not a buy while in this downward drift, I would need to see a break out of this very strict wedge.
I will upload $NIO as part of the Top 20 list every weekend but I will not be updating this most days while in this wedge, there is little to update.
Comments
Many of us joined this channel because of NIO. It means a lot to the members who put their money there, even if the stock (and business) are pretty shit right now
Chris H
2024-03-23 21:54:45 +0000 UTCbulls are thinning and pessimism is consuming NIO again. $7 range must be close
JD
2024-03-22 22:50:57 +0000 UTCPersonally I don’t think NIO warrants being a top20 charted stock
Adam R
2024-03-22 21:15:10 +0000 UTCSome comments here are to die for ahaha If you not willing to at least embrace the name of the Patreon you are paying I don’t know what you are doing here. Think in years and decades not in weekr or months. LONG TERM there’s no better then $NIO.
Mike Millions
2024-03-22 12:23:24 +0000 UTCI think it’s time I cut losses on Nio, never ending nightmare
Ricardo Magdaleno
2024-03-22 12:18:33 +0000 UTCNio is kinda stock which social media users kept posting about it gained their followers and stock kept sinking where as those scammers still say nio to the moon.
NalaikPanda
2024-03-22 12:18:33 +0000 UTCWhat a shitty stock i wasted my money on this piece of shit
NalaikPanda
2024-03-22 12:16:53 +0000 UTCThank you Gar
Federico Salerno
2024-03-22 11:58:17 +0000 UTC
