$PSNY has bounced on the yellow trend line and has recaptured the 0.618 Fib for support, it needs to keep on working, the 50 Day MA is just above at $3.30 and the the wedge breakout level is at around is at about $3.40.
For now, this is certainly at an attractive price, however I do not recommend buying $PSNY when you already hold a lot of $NIO, both will likely follow each other, so use the capital more wisely in a different industry.