Hello Traders, NIO, the Chinese E-car maker, has understood! The stock changed the route with a remarkable candle-stick pattern. At the 2-days chart, you will notice the „Island-reversal-pattern“; price have break to the downside with the „gap-down“ and reversed! This time to the upside. In sum, this pattern marks a „morning-star“! This new low wasn't sold again, what is normally a strong sign for the stock To play the idea of a wave „4“ was finished at 13.01 the route is up to new highs above the waves 3 @ $66.99! What a massive rally is ahead! But if this low at $13.01 was not a wave 4 low and just part of a waves 2/b, the course is downside with lower price in the coming weeks ahead. Well, let's see what will be next! One thing is certain: NIO has heard the wake-up call! Have a great weekend….. Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! The editor is invested at this stock!