$NIO TOP 20
Added 2025-05-20 12:16:28 +0000 UTC$NIO is holding below the 50 Day MA after failing to make a higher high and holding above the 50 Day MA this month, this suggests that we are still in the ABC pull back and a lower low looks set to come in next at $3.71 or lower.
A controlled 3 wave pull back in this manner is not a bad sign, this would be typical of a Wave 2.
The 0.618 Fib is also aligning with the red line at $3.60, so a retest and holding on this support level could be the final signal that $NIO is ready to move to the upside....this movement also aligns with $NIO ER at the start of June.
Comments
This stock is so dead
Arleen Ralph
2025-05-21 12:29:20 +0000 UTCDecided to up my position to full by June1, then wait for it.
Labo
2025-05-20 15:01:27 +0000 UTC
