paulwongsh

Nio Potential Reversal if crosses above 40

NYSE:NIO   NIO Inc.
Potential reversal from short term downtrend since Jul 2021, if it successfully breaks above $40.

If convicted above 40, near term support is back at 36 (2nd last lower low).

Possibility of pullback at 40 with RSI at overbought. Inclination is downwards.
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