I'm bullish here, so long as the ascending channel doesn't fail. Great risk reward from what I'm seeing.
Comment:
Well, that didn't work out. Broke through our lines of support, etc, etc. With the bear market almost upon us - NIO is getting dragged down and could continue down to possibly $16.00.
I'll make another chart evaluation in the next few days. I need to see what happens with Tesla's battery day first.
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I'll make another chart evaluation in the next few days. I need to see what happens with Tesla's battery day first.