SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

It is worth seeing where the buy zone came from.

It is the historical support and resistance level since $NIO IPO'd and is a level we have considered to be undervalued with a margin of safety.

We can see from the blue line where $NIO showed support and resistance between this area back in 2019 - 2020.

$NIO has tested the bottom of the buy zone twice now at $5.83, to lose this level and the yellow trend line is the next support line at $5.50....below this level and $NIO is in a lot of pain.....even more pain*

$NIO TOP 20

Comments

why the institution are selling at this level

Jedi

I heard that too. If institutions are selling, then we are done.

Milton Sosa

What about the news of institutions selling their shares in Nio !?

Hamzah Saleh

Why?

Hirensinh Rana

We despise this question

Vojtěch Šimeček

You scaring me..

Steven

You still bullish on NIO?

Hirensinh Rana


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