i am not a Pro about Stonks but it works same as Cryptos, just slower and less agressive, Stocks can also be very perturbed by economy announces and crises.
if this retracement not happening (but i doubt it won't retrace), wait for Nio pass 70$ to go in and sell before 100$.
Buy Zones :
- 32$ ( a bit )
- 25$ ( all in )
Tp : 98$
Happy Tr4Ding !