Don't be disappointed in NIO. It appears to have stalled at the top of this range. I think it will bust through resistance with a spike rather than a slow melt-up. But remember this is already a $70 billion market cap company.
There is a sizable volume by price shelf around 57.74 which should provide some support. Consider previous highs will now serve as resistance.
Love hearing all the news coverage of GM and F wanting to move towards BEV (battery only electric vehicles).
Don't ignore $LI and $XPEV, they have similar charts.
There is a sizable volume by price shelf around 57.74 which should provide some support. Consider previous highs will now serve as resistance.
Love hearing all the news coverage of GM and F wanting to move towards BEV (battery only electric vehicles).
Don't ignore $LI and $XPEV, they have similar charts.