For (Long) Nio buyers I definitely recommend waiting for the next pullback to at least 49.50 (If your lucky) 48 or below. Either way, you will be in the green if you stick in it; Nio is still bullish and smart money will get in whilst it's still sub $100.
arseniuandrei
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Hey ! Looking forward for more of your forecasts :D How could you tell that Nio is still looking bullish ?
Johnnyhd
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@arseniuandrei Thanks! NIO is possibly forming a cup and handle pattern. That curve is looking strong enough to slowly break up and catch some moment to break new highs again in the future