Nio Potential Reversal if crosses above 40
Potential reversal from short term downtrend since Jul 2021, if it successfully breaks above $40.
If convicted above 40, near term support is back at 36 (2nd last lower low).
Possibility of pullback at 40 with RSI at overbought. Inclination is downwards.
If convicted above 40, near term support is back at 36 (2nd last lower low).
Possibility of pullback at 40 with RSI at overbought. Inclination is downwards.
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