NIO showed it was holding levels on this lower Fibonacci level. We really want to see a reversal but ideally a break above 49.12 and a confirm retracement and bullish signals to get back into NIO. Some will be tempted to get back in early, I say, don't be greedy, wait for high probability.
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.