$NIO TOP 20
Added 2024-02-28 15:37:22 +0000 UTCFurther to my TLI chat message, we can see that $NIO is really struggling at its 200 MA on the 1hr chart and the exact rejection at this level yesterday and at the blue line at $5.83 has not helped its performance today.
Chinese ADRs are also in a sea of red today too, $XPEV also hurting alongside $NIO.
The gap below under $5 is looking more and more inevitable as we lead up to earnings on the 5th.
Comments
Hard commentary to like but follow this trend I shall
Chris H
2024-02-28 17:11:41 +0000 UTC
