$NIO TOP 20
Added 2024-09-10 14:36:00 +0000 UTCWe are seeing some resistance now at the 200 Day MA after overshooting this level yesterday after a very impressive flip from red to green.
I know I sound like a broken record here but believe me, structure beats parabolic moves every time
Squeezes are for fundamentally weak companies and bring a lot of volatility, we do not want that, $NIO is not a meme stock
A move down ot the 0.38 Fib and holding at $4.87 and I am very happy, impulse waves have 5 waves and so far we only have 3 since the $3.61 line, so we need 2 more waves for us to get excited.
Comments
Correct, just added a new chart to reflect this
Gareth Neary
2024-09-11 18:57:11 +0000 UTCThe higher this goes, the higher the retest right
StevieV22
2024-09-11 18:53:56 +0000 UTCLord I hope so!!!
Joanne Koivuneva
2024-09-10 19:24:00 +0000 UTCCongrats to the nio longs! I hope your faith is rewarded
Marty Austin
2024-09-10 15:09:09 +0000 UTC
