$NIO TOP 20
Added 2024-10-17 18:48:08 +0000 UTC$NIO was battling all day at the 0.618 Fib but in the last hour it was moved down below the 50 and 200 Day MA and the 0.618 Fib
The 0.65 Fib is at $5.05 which has not been tested but if this level is lost then the next Fib to test will be the 0.78 Fib at $4.50
The brief remains the same, holding below the 0.618 Fib is showing weakness but as I write this, we are 7 cent below the 0.618 Fib.....this does not concern me and we will give $NIO every chance to fight for this support level and it may take until next week.
I am not adding here now but likewise not selling either, we need more price action for now.
Comments
So did you buy or didn’t you because few hours earlier you said you added
RH
2024-10-17 23:19:07 +0000 UTC
