NIO has been quite volatile in the last few weeks. After the huge EV run throughout November, the profit-taking began, greatly increased by the delisting bill that has been passed, followed by the 60M offering with $39 a piece. We went from mid 50s towards early 40s where we are today. I think we may have just reached the bottom, which may bring another breakout...
NIO seems to be looking at a potential breakout in the next several days. Assumption is based on it's historic trends.
NIO has been trending upwards while respecting the support trendline. It has also seemingly been trending upwards in a staircase pattern. Since the current support and resistance trendlines are narrowing down, I am expecting a...
