Nio broke $5.0 support. Its in a downtrend channel and a bearish breakout of a H&S pattern will be confirmed upon market close. Next target is $4.22 support.
The RSI and MACD are also heading lower.
The RSI and MACD are also heading lower.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.