So this is what I watching for now. The white fib levels were levels I wanted to see $NIO reject and so far it has rejected at the 0.65 Fib which was perfect and the green Fib levels are the levels I will be watching to see is there is potential support (just incase the bottom came in on Friday at $8.31) and I will be watching for the 0.618-0.65 Fibs in green.
I am watching for everything.
The commentary and plan is the same as before, still believe this is in a downtrend and the buy zone is still the target.
Richard
2023-03-07 20:59:38 +0000 UTC