NIO Inc.

NIO Analysis

316
Price failed to mitigate the bullish POI at 7.92 before the rally despite coming close to it. Right now, we have a change in character, but price has not given a confirmation that it wants to go higher. I want to see a solid break of structure to the upside at 10.75 and wait for a retracement before entering.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.