$NIO TOP 20
Added 2023-11-03 14:20:29 +0000 UTCWould you look at this?....$NIO is starting to behave itself and starting to follow a pattern.
$NIO broke above the 50 Day MA that we were watching and also broke above the yellow wedge trend line, the price then spent the day yesterday holding support on the line.
Happy with the support above the trend line, it then bounced all the way to the 200 Day MA on the 1hr chart, so far it has topped out there today but the day is still young.
Staying above this wedge is a good move for the bulls, getting above the 200 Day MA at $8.23 and we are looking at signs of reversing.
So far $NIO only made it $0.20cent into the buy zone and for only 3 days, also managed to keep the impulse wave alive.
Comments
'We were caught in a landslide, no escape from reality'.....he described the last few months too!
Gareth Neary
2023-11-03 14:25:08 +0000 UTC“Is this the real life, is this just fantasy”. Seems like queen wrote that song for this chart.
Yuri van Huisstede
2023-11-03 14:22:03 +0000 UTCBought every share I could in the buy zone.
Logan Shaffer
2023-11-03 14:21:42 +0000 UTC
