Nio Has 2 big resistance it can't get across.
1.H&S neckline at 40.60
2. RSI divergence
Has some trendline support at 39.50. if it drops below 39.50 I think it'll close that gap at 36$
A CLOSE ABOVE 41.50 WOULD PROB PUSH THIS PAST DIVERGENCE ANDNEGATE THIS SHORT TRADE
1.H&S neckline at 40.60
2. RSI divergence
Has some trendline support at 39.50. if it drops below 39.50 I think it'll close that gap at 36$
A CLOSE ABOVE 41.50 WOULD PROB PUSH THIS PAST DIVERGENCE ANDNEGATE THIS SHORT TRADE
