NIO Inc.
Short
Aggiornato

NIO - Short

715
Time has come for NIO to let go of the potential energy accumulated through (unreasonable) buying activity. I believe, following the pitchforks, NIO will at least try to touch the middle trendline in the coming days/ weeks which implies more than fall of 10%.

Note that ~$42 is a strong support level.

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Nota
Strong daily bearish momentum candle formed yesterday. Downwards we go.
Nota
Almost 18% fallback to the median line. Lets see how the week progresses.

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