NIO Inc.
Long

NIO update: I bought back in at $41

458
Three times Nio rejected the 0.382 Fib line, showing signs of strength coming off Friday lows. I like to compare Nio to FinTech/SaaS stocks because I find they tend to move up or down on the same days, overall Nio was very resilient today and upheld a rotation into industrials. Once Nio passes 49.34 I am about 80% confident it will close above $60 EOY.

Santa rally coming up, stay bullish throughout December (is my piece of advise)
GLTA

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