Nio price is very near purple trendline
Crossing can be a strong signal for a recovery and a new bullish trend beginning
I suppose it will fail to pass today, heading down to lower trend border at 5.60-5.40$ in the next days
Crossing can be a strong signal for a recovery and a new bullish trend beginning
I suppose it will fail to pass today, heading down to lower trend border at 5.60-5.40$ in the next days
Comment:
Bottom reached, a strong upside move can now start
Comment:
Tonight NIO raised on Honk Kong marget because of China government (promised) funds and probably will do the same also on US today
I think all EV market will not recover anymore to previous prices... it seem that EV bubble is ending because of decreasing earnings of all companies
I think all EV market will not recover anymore to previous prices... it seem that EV bubble is ending because of decreasing earnings of all companies
Comment:
Reversing!!
Price breakout the blu trendline that was not crossed by November 2022
Then crossed 4H SMA50 and 100 successfully
Price breakout the blu trendline that was not crossed by November 2022
Then crossed 4H SMA50 and 100 successfully
It's also possible a further drop till 5,40$