We are still above the support at 42, and we have a consolidation. If we don’t break the 44.59 next week, we’ll fall more.
Considering the advanced breakdown on the RSI, chances are that we’ll drop to the 39, to the next fibs retracement. It’ll confirm this idea if we break through the 42.34.
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Hi Melissa, When include more parameters on the chart looks and is more accurate. Thank you
CCR_TRADER
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@Melissa_Amana Hi, I'm wondering your thoughts about NIO after yesterday's run. My analysis tells me to still wait, but seeing that i broke the downward trend that started on July 1st, makes me think that is now seriously moving up. your thoughts appreciated, BR, C