SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20 UPDATE

Just $0.27c away from our buy zone, very little to add to this chart apart from we are expecting to see a bounce at some stage for Subwave 4, Subwave 3 looks nearly complete. At the opening this went to $8.20 and got rejected immediately and has been under selling pressure since. 

Like I have always maintained, when this enters the buy zone, I will start accumulating shares.

$NIO TOP 20 UPDATE

Comments

I am a new member. Where do you alert where you start buying. Is it on this page?

Stephanie

Thanks Peter, so important to have both of these sides of investing covered, never to chase, there will always be opportunities.

Gareth Neary

Thanks Gar, I’m learning a lot but the best you have taught me is keep emotions in check , trust the process and don’t chase. Have a great evening!

Peter C

Not too far off that.....$8 was a previous support line so when it lost support, it is normally tested again as a resistance line, this was tested today and rejected immediately, signaling now that this is a resistance line.

Gareth Neary

does this reject at $8.20 because a bunch of whales use the same type of chart you have and just say "nope, not yet"? Can you offer a little more insight on how the price action works behind the scenes?

ES B


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