NIOLONG

LONG Elliot corrective wave Horizontal Triangles

Long
NYSE:NIO   NIO Inc.
I expected (hope) for two more corrective wave and start the next bull trend... as long as 3.5 support line is not violated.

I'll predict that ER will beat then for an Up-trend correction (sometime within March), but it hit resistance (around $4.8ish) due to coronavirus situation. It will be followed by another corrective wave and hit support line ($3.8) again. Then by end of April, it will continue the bull trend to $10. (hopefully virus condition is under control all around the world!)

GLTA!
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