$NIO TOP 20
Added 2024-03-11 11:18:10 +0000 UTC$NIO is remarkably above its 200 MA on the 1hr chart now in the PM, I want us to be optimistic but we need this to continue after the opening and most importantly stay above the 200 MA at $5.77, a breakout and retest to confirm support is all we need to see today or over the next few days and this will be seen as a trend change and bulls may be encouraged to return and finally breakout out of this very long red descending wedge.
As always we'll monitor this closely but nice movements since the capitulation move down to the gap on the 4th of March.
Comments
Let’s goooooo
Chris H
2024-03-11 12:38:46 +0000 UTC
