SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

$NIO has just made a higher high at the opening which has not been able to do for some time.

Back into the buy zone comfortably now and a move up to the $7 resistance/support level would be a big achievement for the bulls now this week.

HSI is closed for the next few days too, so this may be to $NIO and $BABA's advantage.

We will watch this closely but I do not think it is appropriate to assume and chart an impulse wave now just because we have made a higher high once.

We have been in this situation before, so staying above $6 and finding a new support here would be a bullish indication.

$NIO TOP 20

Comments

Yep, I can do this

Gareth Neary

Hi captain thank you for your continuous work and update. I wanted to ask you if you could have in the future also in the chart of Nio for example various indicators like the RSI that is in the chart of Tesla ? Thank you very much

Pierre penasa

It goes without saying that they need more of the same as Q3....anything like the Q2 report and we are delayed another 9 months.

Gareth Neary

What’s your thought on up coming earning will be?

Stephanie

Sounds good, let's go NIO!

Charles D


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