NIO Inc.
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NIO - The side road to higher prices

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Is NIO going higher and if so when? Technical analysis and fundamental analysis and any type of analysis may be proving more confusing the longer you have followed this company and so I hope this chart provides you with a clear view of atleast what is required in the short term to start the trek higher - until we see these signatures in price as of now the orderflow is still bearish (and no this does not mean to short in what is a heavily undervalued stock IMO) at prices institutional investors are picking up their long position.

If this chart provides you any value or you have a different view then please leave a comment
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I believe the tide has changed for NIO next target on route expediently is 4.43

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