The Long Investor

$NIO TOP 20

Added 2024-01-18 15:26:36 +0000 UTC

$NIO is getting some relief right now and we can see quite clearly that it has happened exactly on the red trend line, after the flush at the open yesterday, the trend line was recaptured quite fast and there is some continuation today......we won't get ahead of ourselves just yet.

The important level to get to is $7 for me, getting back above this psychological level will be important for the bulls.

I have added at $6.60 this week so I have done my job buying in the buy zone and I am happy to wait this out.

I am not expecting miracles, I want to see some strength and some positive moves, until then, we are not out of the hot water yet.