NIO Inc.
Long

Closing the gap

633
Price is going down to green support where a gap is waiting to be closed

Around 5,50$ price will probably reverse moving up to blue trendline
Note
Price on support trendline right now, it must hold
A further drop will go down to sma200 at 5,18$

snapshot
Note
Price get trapped for 2 days between green resistance and sma50+200

Let’s see what happen in Honk Kong Monday

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Note
Beware!
An head and shoulders is almost complete and a drop below 5$ can be very dangerous

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Note
Dropping, this bullish idea failed

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