Placing the fib-retracement tool on the top of the chart and the recent bottom, I see that many level coincide with the support and resistance areas on NIO's chart.
Short-term, I see
NIO breaking out of this falling wedge:
It takes ~140 days for the third dive to play out. (Inverse H&S pattern, IMO).
See my previous post for a more in-depth explanation:
Short-term, I see
NIO breaking out of this falling wedge:It takes ~140 days for the third dive to play out. (Inverse H&S pattern, IMO).
See my previous post for a more in-depth explanation:
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