Nio almost looking like reversal here but could also be a trap.
it usually runs with Tesla sometimes, and also china deal talk.
Recently we got a downgrade on tesla so that might make tomorrow the last green day b4 it drops, unless some crazy news come out to carry it.
May enter a long position next week if we become bullish again.
There were some odd call activities the last few days thou.
i am temped to get a small call position to swing over the weekend.
it usually runs with Tesla sometimes, and also china deal talk.
Recently we got a downgrade on tesla so that might make tomorrow the last green day b4 it drops, unless some crazy news come out to carry it.
May enter a long position next week if we become bullish again.
There were some odd call activities the last few days thou.
i am temped to get a small call position to swing over the weekend.
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i knew it! that resistance was either gonna give nio room to run or crash it down.
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