NIO dropped badly during the last two weeks
Price reached bottom of medium trend channel down but long term channel still have space to drop more
I think price will reach 5.30-5.40$ before a bounce can happen (blue arrow)
Yesterday price find support on medium term border and is also possible ad up move to 7$ (light blue arrow)
Price reached bottom of medium trend channel down but long term channel still have space to drop more
I think price will reach 5.30-5.40$ before a bounce can happen (blue arrow)
Yesterday price find support on medium term border and is also possible ad up move to 7$ (light blue arrow)
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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.