$NIO Earnings date has now been released for Friday the 21st and it has a positive bounce in the PM now on this news.
Price is up to test the 200 Day MA again at $4.74
We have already had a test of this level at the end of Feb but could not hold above on the retest, this is what we need to see next
Slow and steady I am ok with here but flipping this MA to support is needed to get out of this consolidating range.
$5.32 will be the next target to test for support then.