I am slowly starting to turn bullish here...
I believe that if $NIO was to sink to worrisome levels below the red line, it would have done so by now but instead has consolidated sideways for nearly 12 months now.
I believe $NIO will likely need a catalyst to trigger a large upside move but as we can see from the HSI climbing in August and September, $NIO followed it perfectly too
So if the HSI moves aggressively in Wave 3 now....all boats should rise together, $NIO will need to keep hitting targets and produce a clean report this season
The 1.618 Fib target remains at $10.
CeuΘan C.
2025-01-29 15:30:42 +0000 UTCAsif Khan
2025-01-29 13:25:06 +0000 UTCGareth Neary
2025-01-29 12:13:05 +0000 UTCMatthew Laracy
2025-01-29 12:06:52 +0000 UTCGiorgio
2025-01-29 12:03:12 +0000 UTC