$NIO TOP 20
Added 2023-12-15 15:21:25 +0000 UTC$NIO is still knocking on the $8 door to try and convert it to a support level, which would also mean holding at our First Target level too.
So far $NIO has been able to report a higher low (barely) but not a higher high yet, if the price can get above $8.28, then I think it can hold above the $8 level, market just needs to see a bit more strength before the real strong movements start.
Holding above $8 and I believe we have turned a corner.....the $7 support level had multiple attempts to lose support and the bulls defended it every time....they now need to fight to make a higher high and capture $8.
I think many will add to their positions again if this can be done.
