•	NIO is in a short-term bear trend, but it just hit a support level, and it is reacting;
• The support at $9.53 (red line) is our key point. This is the third time NIO hit this line, and in order to resume the bear trend, it has to break it as soon as possible;
• If NIO bounces again, there’s a clear resistance level around the purple line – a trend line connecting the previous top levels;
• As long as NIO remains between these key points, the bear trend won’t continue or reverse;
• Let’s keep our eyes open for a breakout. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
• The support at $9.53 (red line) is our key point. This is the third time NIO hit this line, and in order to resume the bear trend, it has to break it as soon as possible;
• If NIO bounces again, there’s a clear resistance level around the purple line – a trend line connecting the previous top levels;
• As long as NIO remains between these key points, the bear trend won’t continue or reverse;
• Let’s keep our eyes open for a breakout. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

