I'm seeing MACD crossing down on 2 and 4 hour charts. With Nio's new sedan, it appears a correction is finally happening, I'm seeing potential support at 700 or even 500. I'm shorting but keep those stops tight!
Comment:
Looks like it had a rally today, so much FOMO it may not have the correction yet, got out of my short at breakeven to see where this heads, just glad it didn't bring down the market, still up 7% so far this morning!