Like I said in my last update for $NIO, I am not expecting much movement here until their earnings report, unless there is a catalyst announced before then that the market is not aware of.
Otherwise I believe many are waiting for the report to get out of the way before committing again.
There is still a possibility that this will continue to drift down this wedge and make a new low below $7 but for now, buyers have been able to maintain this range between $7 - $7.38
ALPHA RACING
2023-11-28 01:01:11 +0000 UTCRoger Ellsworth
2023-11-28 00:10:23 +0000 UTCDoubleD
2023-11-27 16:50:55 +0000 UTC