DoujinStars
The Long Investor
The Long Investor

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$NIO TOP 20

$NIO is below the $3.61 danger level now and a Head and Shoulders pattern has been adding to the concerns here too

Yes $NIO does not sell to the US but the issue here is that if there is a market sell off, those companies that are not profitable will struggle and people will give up on their positions and move to more reliable positions to safeguard their capital.

The downside risks are clear, there is a support line at $2.35 and the All Time Low level at $1.21.

$NIO TOP 20

Comments

we may be bagged for a while…

Paul

that was without the foresight of tariffs / trade wars that wasn't priced in or on the roadmap here

Ben Smith

What happened to last year accumulation under 4 and 5 usd. So we made the wrong choice based on ur signals?

NalaikPanda

Fuck me…

Chris H


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