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RWD23

NIO Wave 5 setting up

Long
NIO Inc. (NYSE:NIO)  
RWD23 Updated   
NYSE:NIO   NIO Inc.
Trend Analysis Technical Indicators Wave Analysis NIO
5
4
trendanalysis indicator waveanalysis nio
Wave 1-3 completed...wave 4 in the works (consolidating nicely)

Wave 5 setting up
Target : 22-23.8
Stop loss : 18


(not financial advice)
Comment:
UPDATE: stop loss reached, but fib levels still look okay for this wave 4, considering wave 3 was so extended.
Comment:
Could be an extended wave 4...still hasn't crossed below the top of wave 1, so this could still be in play.
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