$NIO TOP 20
Added 2024-11-22 15:16:59 +0000 UTC$NIO has held on the 0.78 Fib at $4.50 for 8 days now and this involved holding throughout an earnings release.
The 0.618 Fib did hold for almost double this time and then lost its support so we need to see an impulse wave forming before we can start being positive a reversal is next.
Getting above the 200 Day MA at $5 will be a good start and then the 0.618 Fib at $5.19
