NIO update
Earnings is over and it seems as if some of the volatility has fell off although still has very strong volume. The huge swings have not been happening as much as previously however there are still plays. Currently riding the trend line on both the 30 minute and the 1 hour but its getting tight and should break soon. Unsure as to what direction it will go to keep an eye on it.
Above 49.30 we should get back over 50
Below the trend line it will likely retest the $45 support zone.
Thats about as Technical as I can get on this one. Its really just momentum based IMO
Above 49.30 we should get back over 50
Below the trend line it will likely retest the $45 support zone.
Thats about as Technical as I can get on this one. Its really just momentum based IMO
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