Wave 3 Consolidation A-B-C. Support zone and Entry zone Short

NIO Inc.NYSE

Description

⋅ Feb 23, 2021 7:19 AM

Heavy downward trend. Currently in Wave 3 consolidation A-B-C. If 1st Support Zone do not hold, will further dip to Entry Zone. If it ever gets to entry zone, good for long term

Comments

PhillyF

⋅ Feb 23, 2021 6:02 PM

What do you mean by long-term?

OnePointScalp

⋅ Feb 23, 2021 8:09 PM

@PhillyF, Did you get in at the lowest Entry Zone below $45 today? Then scale $58, ,$67, $75.