$NIO TOP 20
Added 2024-01-10 18:05:30 +0000 UTC$NIO continues to struggle to find support and has entered the buy zone yet again.
Very disappointing to see it work its way down through all support levels and all Fib levels and to be at the very last Fib level now at the 0.887 Fib, failure to hold here and $NIO will likely test the $7 bottom again.
We can't make the market want to buy $NIO and the pull backs tell us more about a stock than when its climbing with enthusiasm.
Impulse wave is still valid once $7 is held but there is still enormous weakness here.
if $7 continues to hold, I will consider adding in the buy zone but otherwise, I will continue to wait.
Comments
This has been dropping way too fast for no good reason related while so many good news out of NIO. Should reverse here.
Stephanie
2024-01-10 18:28:00 +0000 UTCIs the US economy that much better to where investors just keep purchasing the mega bloated apple and msft? Market is literally taken zero factor into the sub brand launching soon
ES B
2024-01-10 18:20:49 +0000 UTCUntil China turns around and people are no longer afraid to dyinvest in China there is little to be done
Pierre penasa
2024-01-10 18:15:26 +0000 UTCGar what is a plan if $7 breaks? I know speculation isn’t a stock strategy but working on a plan in the event that happens as there is a gap to fill at $5 i belive
Lets Go
2024-01-10 18:15:18 +0000 UTC
