We can see that the price is just sitting on the 200 Day MA on the 1hr chart and has held all day on this chart yesterday, $12.10 is still the level we want to see hold and failing this, as was the plan since Friday, the trend line below at $10.20 is support.
As long as $NIO holds above this lower level, the count remains valid and I uploaded two charts of $NIO yesterday, to remember the big picture.
It was not too long ago where we were disappointed that $NIO did not go lower into the buy zone so we could buy more....let's not forget how far we have come here.
I have also seen a comment that it is sad that my last buy alert was at $14 and now it is at $12.....comments like this just goes against everything we are trying to achieve here and I have said this before, I can bring a horse to water but I can not make them drink it....we are a long investing group, not a short term trading group.
If I was happy to add to my average at $14 when I also bought in at $7, $10 and $11, then I am keeping to my strategy, if you have your own strategy, by all means follow that.....my Buy Alerts are MY buy alerts, you do not need to follow my strategy if yours is different.
Gareth Neary
2023-08-15 17:09:04 +0000 UTCCasey K
2023-08-15 16:34:29 +0000 UTCbas pennartz
2023-08-15 14:48:40 +0000 UTCbill
2023-08-15 14:34:43 +0000 UTCHalcyon
2023-08-15 14:34:36 +0000 UTCHaris
2023-08-15 14:24:59 +0000 UTCRight Minded
2023-08-15 14:01:36 +0000 UTCGareth Neary
2023-08-15 13:58:05 +0000 UTCHaris
2023-08-15 13:56:11 +0000 UTCmakis
2023-08-15 13:54:05 +0000 UTCmakis
2023-08-15 13:53:59 +0000 UTCSteven
2023-08-15 13:52:23 +0000 UTCFederico Salerno
2023-08-15 13:50:45 +0000 UTC