NIO Bullish flag holding out.
Friday selloff was huge and everything in the market was red. Omicron fears and Inflation with jobs report not what was expected is the reason for the overall market selloff. Alot of great companies at great prices and NIO to me is one of them. The company keeps delivering and with recent news of expanding into Europe i see this at a great entry point. Perhaps we can see this go lower it all depends how this week goes. Bullish flag is easily recognizable in the weekly chart as oppose to the daily chart. I am long on NIO and have been holding NIO since the 15 dollar mark.
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