Nio: Can This Fallen Angel Get Its Wings Back? Lets find out

Updated
Today, we're taking a deep dive into Nio, given how low its price has fallen. By examining key valuation metrics like the P/S ratio, which is currently at its lowest ever point, we can ask: Could Nio be poised for a strong comeback? Let's put this to the test using my groundbreaking Nio chart analysis method, EW 2.0.


Curious about my EW 2.0 method? Catch my latest trade ideas below – you might see how it unlocks hidden patterns in BABA & ETH charts.


BABA:


ETHUSDT: tradingview.com/chart/ETHUSD/ugoxcD7s-Short-Trade-Setup-on-ETH/.



Trade active
Im in with Stop loss at 5.69.
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F snapshot
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moved the stop to $5.
Elliott WaveFibonacciFundamental AnalysisNIO

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