$NIO Coming to terms with new primary elliot wave count..The weekly RSI on NIO and the structure of the HSI over the past few years have had me worried since the $7.78 top, and what we have seen since then supports this as my new primary count, unfortunately. I had been stubbornly holding on, but now I need to consider cutting some of the position after the approaching bounce on smaller timeframes. However, if I must hold all of it and go scuba diving, I will.