$NIO TOP 20
Added 2023-12-21 12:23:44 +0000 UTCI think our group handled the pull back very well yesterday, I did not see many people dropping their heads and giving up, or any panic selling, but I saw people adding to their positions and embracing the pull back.
Same chart from the last one we uploaded and where did $NIO find support yesterday?
On the First Target, aided by the 50 Day MA on the 1hr chart.
Nice show of support on this level and a nice rebound in the PM now, I would like to see this level held, that being said, if there is more weakness in the market today, the 200 Day MA is the next support level at $7.60.
Both outcomes I am ok with, I am still seeing an impulse wave move here.
