$NIO TOP 20
Added 2023-12-22 10:38:44 +0000 UTCNice recovery yesterday after the sharp decline on Weds.
I like how the price held the 50 Day MA and the First Target and bounced with strength, bulls bought the dip from the weak and fragile holders.
PM is red today after Chinese policy makers have put some pressure on tech companies, particularly gaming companies and it has caused some weakness in their market...I do not expect this to be much of a concern for $NIO.
$NIO day is also tomorrow which may attract some speculative buyers today in anticipation of some news drop tomorrow.
Once we stay above $8 and the First Target, we have every chance to continue moving higher to our Wave 3 Target at $9.15 and our Second Target at $8.70
Comments
I can't believe I've been around for almost 4 Nio days now
Scott Glover
2023-12-22 14:06:48 +0000 UTC
