$NIO TOP 20
Added 2024-08-30 15:11:24 +0000 UTCCertainly a channel breakout today above $4 but went short of testing the 50 Day MA at $4.25, which can still come next week if we continue to see the HSI performing strong
$NIO also has its earnings out next Thursday so it is a big week for them
It goes without saying that they need to beat or at the very least show improvements to their margins, if this can happen then $NIO can break above the 50 Day MA and start showing signs of reversing with a move up to the blue line at $5.32.
