I have been monitoring NIO for a while now.. and I just can`t decide what is happening :)
There are so many possibilities @ the moment:
1: We have just finished the ABC correction for the first wave up ?
2: We are creating the 4th wave down in 1-2-3-4-5 ?
3: We have a clear H&S pattern - so the trend could continue downwards ?
For me it`s not a buy or sell @ the moment.. it`s make it or break it phase!
If You forget all the weekly delivery numbers and all the other shit what`s going on with NIO and look at the chart only from technical perspective then this is what I see.
Kind a confused.. others are saying that buy and forget it.. but You can`t forget that we have been lower.. So it`s up 2 You!
Good luck to everyone & happy coming holiday`s to everybody :)