Nio got beat down with the china news like many other tickers. I think it started forming a base and was holding it friday. DO NOT enter NIO if money isn't flowing into the EV sector. Follow big money. Entry: 40.57, 40.51 (golden box) SL: under 40.09 (.5 fib) Short term PTs: 47.84, 53.65 Long term: ATH, 59.17-61.86
If u need confirmation wait for a break of the dark green 1/3 trendline and get in on the retest as support