$NIO TOP 20
Added 2023-07-17 10:35:20 +0000 UTCNothing to add or update here to $NIO, same as the last chart I uploaded on Friday.
Price pulled back on Friday but nothing too dramatic and still above the 200 Day MA now, we want to see this go back above the $10.74 line again.
200 Day MA is at $10.24 right now.
As long as the price stays above this level, the count still favours the current projection and upside.
If the price drops below the 200 Day MA and more importantly stays below the 200 Day, this will show weakness and a possible breakdown of the structure.
We will keep an eye on this.
Comments
$30 EOY
Gareth Neary
2023-07-17 23:10:43 +0000 UTCGareth, following the straight line to the top of the chart where does that line potentially put us at the end of the year? Thx
Steve Suric
2023-07-17 22:26:47 +0000 UTCNice update Gar, thank you.
Labo
2023-07-17 10:58:17 +0000 UTC
