The Long Investor
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$NIO TOP 20
🕑 Added 2025-05-08 19:30:53 +0000 UTCWe have 5 waves up and 3 waves down so far on the 1hr chart and the price has so far responded well in between the 0.38 Fib and 0.5 Fib at $3.75 - $3.90.
We just have 1 bounce from this range so we need to see more to confirm that the higher low is complete at wave c now.
But we are seeing an impulse wave forming, this is the crucial part
Earnings is not expected to be due until early June so we still have some time to see this move leading up to earnings.
What we want to see next is higher highs and higher lows.
I am still holding my position and it is collecting dust on the shelf, not to be touched.
Comments
tyler0912
Holding 900 at $6.40. One day, one day
P
At $15 average .... to average down or not...
ES B
Never slept better at night than once I finally got rid of all my Nio shares
Vojtěch Šimeček
One day..
Anoop
Holding onto my 300 shares then with negative returns.
