SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20 UPDATE

A desperately needed bounce for $NIO after such an aggressive drop, the price action now is still mirroring what happened after Wave 2 completed so we will continue to use this as our reference point. 

The Red Fib levels are what we are watching now as they have been acting as very accurate resistance and support levels, the 50 and 200 Day MA are just at the 0.5 Fib now so we will not be surprised to see a bounce up to here at some point.

$NIO TOP 20 UPDATE

Comments

when do you think wave 3 could start and what price could it reach by the end of the year? Thank you

Vittorio

I would venture that Q1 2023 ER on June 9 could provide a solid catalyst to get us well into the BUY Zone.

Kevin J


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