Very little to add to $NIO over the last few sessions as it hovers around the $6 level.
The market appears to need more information to encourage any movement here and the market is also likely waiting to see what direction $TSLA will take next or if it has found support.
We can see on the RSI that $NIO has surprisingly climbed out of the oversold territory and is now back above 30....we will watch the trend here over the next few sessions too.
$NIO is still in the buy zone and has still not lost the lower limit or retested the yellow trend line either at $5.50.