$NIO TOP 20
Added 2024-10-11 10:54:21 +0000 UTCI am very happy with the movement here from $NIO, all very controlled and moving in the right direction
This is the 1hr chart so we can see the movements in better detail so disregard the 50 and 200 MA's
What we want to see is a lower low next below $5.98 and this could trigger a further movement down to the 0.5 Fib at $5.66....once this level is tested, we can start to consider scaling in when support is found
Consolidating between the 0.5 - 0.618 Fib levels will be the best case scenario and I will be accumulating here.
Comments
I feel like I can see three waves down off the top for A B and C?
Nick
2024-10-11 15:39:03 +0000 UTCJust to double check: Do you think we just saw A and are now moving on to B, or are A and B already over?
Thomas
2024-10-11 14:14:07 +0000 UTCI hope we'll get there, no position yet. :)
Stijn
2024-10-11 12:13:42 +0000 UTC
