Nio shares have broken an important resistance trendline, which suggests that the selling pressure is getting weaker and NIO may see an upside soon. The RSI and MACD are both showing bullish momentum on this daily chart, which is another good sign. Like and follow for more ideas like this :) Good Luck!
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.