$NIO TOP 20 UPDATE
Added 2023-03-10 21:24:02 +0000 UTCAnother weak day for $NIO and the market, looked very close to breaking to a new low and before we begin, I do not believe this is a double or treble bottom.
The trend is clear and a full pull back to the previous low does not indicate signs of reversing or that an impulse wave is next.
Very much below the the 50 Day MA and 200 Day MA and in the middle of the red channel.
So we continue with the plan and it is possible that we will see the buy zone next week.
Next week is expected to be even more volatile and today was certainly up there, the VIX was up at 29% at one stage!!
