$NIO TOP 20
Added 2024-08-29 16:29:07 +0000 UTC$NIO hit the top trend line this week and rejected and broke down below the yellow support line too and was coming close to testing the $3.61 level again yesterday but with the HSI performing well today, it raised higher and dragged the ADR's with them
$NIO is back to testing the trend support line again from below which is also at the 50 MA on the 1hr chart
Price can not reject here or we will likely see a lower low next
We still need to see $NIO break out of this channel to the upside above $4.
