For those looking to invest in Nio or already invested and praying on a better sky - the bullish way is predicated on price following the road i have outlined on the chart. We are at an area of price where we can start to see institutional players step in now after accumulating very cheap positions in what is in my opinion one of the outstanding EV companies in the world.
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CHANGE IN STATE OF DELIVERY TO BULLISH 4.5 NEXT
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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.