The Long Investor

$NIO TOP 20

Added 2023-12-13 16:58:32 +0000 UTC

The price action for the second half of yesterday and today has been that of weakness and there is a battle going on right now.....for one, to keep the price on the upside of the wedge, because failing to hold this line and $7 will be tested again and with this sort of weakness, I am not sure if $7 will hold.

Below $7 would cause a lot of pain and could trigger many people to sell, retail investors have their mental safety net at $7 too, so I suspect they will really drop their head if $7 is lost, it will also trigger many stop losses.

Under no circumstances am I selling here or at any level and I certainly will not be triggered into a stop loss raid.

I am in and I am holding.