Please be aware and cautious.
Though Nio has risen today, it still has not broken out of the downtrend pattern. I believe a good entry point/averaging position is when it breaks this downward pattern to be on the safe side.
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.