SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20 UPDATE

$NIO registration numbers came in at 3900 today, so if they continue at this rate for the next 2 weeks, or even improve on this, they should beat their record for most cars delivered each month.

It is important that $NIO continues with this progression now.

Yesterdays price action was good, big test back down to the 200 Day MA and hit it exactly and bounced and finished the day green.

I am not seeing any concerns to this chart yet....the growth concerns in China may be holding this back from taking off but as long as $NIO continues to hold important levels, the bulls are still in control.

I want to see $10.74 recaptured again and then a break above the previous high at $11.33.

$NIO TOP 20 UPDATE

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