NYSE:NIO   NIO Inc.
Nio is forming text book EW ABC
correction after large impulsive move I would estimate the last 5 wave are actually part of a larger wave 1 and
the ABC correction is the larger wave 2 pull back and after NIO finds a bottom
we will push up for Wave 3 of the larger wave heading for $137 or the 1.618 fib extension.
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.