The Long Investor
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$NIO TOP 20
🕑 Added 2025-04-07 10:38:53 +0000 UTC$NIO is below the $3.61 danger level now and a Head and Shoulders pattern has been adding to the concerns here too
Yes $NIO does not sell to the US but the issue here is that if there is a market sell off, those companies that are not profitable will struggle and people will give up on their positions and move to more reliable positions to safeguard their capital.
The downside risks are clear, there is a support line at $2.35 and the All Time Low level at $1.21.
Comments
Paul
we may be bagged for a while…
Ben Smith
that was without the foresight of tariffs / trade wars that wasn't priced in or on the roadmap here
NalaikPanda
What happened to last year accumulation under 4 and 5 usd. So we made the wrong choice based on ur signals?
Chris H
Fuck me…
