$NIO TOP 20
Added 2023-12-19 14:57:51 +0000 UTCLet there be no doubt again about the success of Elliott Wave Theory.
$NIO holding the $7 line by 2 cents and not invalidating the impulse wave was remarkable and whats even more remarkable now is that the Wave 3 level at the 1.618 Fib is at $9.15....which is incredibly close to the 200 Day MA on the daily chart.
A move to here and a pull back next for Wave 4 would be great to see.
I have set the Wave 4 level at our Secord Target level at $8.64, so a hold at this level would be the ideal area to add next.
ALL BUYS AND SELL OF $NIO ARE DONE AT YOUR OWN RISK.
I HAVE MAINTAINED A DCA STRATEGY INTO $NIO AND WAS ABLE TO LOWER MY AVERAGE WHILE THE MARKET STAYED IRRATIONAL OVER THE LAST FEW MONTHS.
Well done to all who kept with this and focused on long term.
