$NIO TOP 20 UPDATE
Added 2023-04-19 10:38:30 +0000 UTCWe wanted to see $NIO end below the 0.38 Fib and the $9.53 price yesterday, to show a firm rejection of the important fib levels, we achieved all of that yesterday and the PM today has the price coming all the way down to the trend line and the 200 Day MA on the 1hr chart.
This is a -3.3% move already, so let's see how the rest of the day goes, we know that it will likely take nearly 3 weeks for Subwave 3 to complete, so we won't expect everything to happen at once here, we want to see the trend continue in the direction we expect, thats all we need for now.
Comments
Thank you Peter!
Gareth Neary
2023-04-19 10:43:37 +0000 UTCPerfect as always! As you said the bulls have been burnt every time they try to reverse the trend. Monday was no different. Thank you!
Peter C
2023-04-19 10:41:05 +0000 UTC
