NIO broke below $5, extending a ~30% slide over the past month.
Pressure came after earnings showed a slight revenue miss and cautious delivery guidance — enough for bears to push the stock to new lows.
But the chart isn’t all doom:
→ price is testing the lower boundary of the 2025 ascending channel
→ yesterday opened with a bullish gap, signaling buyers may be stepping in around the key $5 level
If bulls manage to defend this zone, the trend could stabilize — with further direction depending on momentum for ONVO & Firefly heading into 2026.
Pressure came after earnings showed a slight revenue miss and cautious delivery guidance — enough for bears to push the stock to new lows.
But the chart isn’t all doom:
→ price is testing the lower boundary of the 2025 ascending channel
→ yesterday opened with a bullish gap, signaling buyers may be stepping in around the key $5 level
If bulls manage to defend this zone, the trend could stabilize — with further direction depending on momentum for ONVO & Firefly heading into 2026.
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Supply And Demand Trading .com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.