$NIO TOP 20
Added 2022-12-10 21:33:45 +0000 UTCOk I want us to be prepared for every eventuality because I know there is a lot of interest with $NIO.
If $NIO goes above $14.05, we want it to test $15.50, then pull back and find support at $13.25 again (W - 4 GREEN) on the chart, if we have this, I believe we can break above $15.50 and we are into the bull case.
If we do not break above $14.05 or $15.50, there is a potential for this to be rejected and come down to the .618 FIB at $5.88. If this does happen, so be it, it will be for a short period of time and will bounce hard and turn bullish.
I will be adding if this option does happen. My Long term trajectory has not changed for $NIO and we could be at new ATH's by 2024.
Comments
makes sense, and thank you for the clarity here
Parth Shah
2022-12-10 22:56:50 +0000 UTCI suppose I've supplied the Bull count, so I am still seeing bullish indicators. I am Bullish on Nio anyway, if it drops to the worst case scenario of $5.88, that is just another opportunity for me to buy heavy. The intention has always been to hold for a number of years
Gareth Neary
2022-12-10 22:03:53 +0000 UTCAny way you are leaning more?
Parth Shah
2022-12-10 22:01:48 +0000 UTC
