$NIO TOP 20
Added 2023-01-18 01:27:17 +0000 UTCLower low today, it's the first time we have seen this since the start of the year, the 0.5 Fib is acting like a resistance line now. Still early to confirm the direction, Tesla's move was strong today and Nio did not follow, also ARK sold a substantial allocation today of Nio, coupled with XPEV looking to be in the bear case now....I am leaning heavier towards the bear case.
We still need to wait however for sure.
