The Long Investor
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$NIO TOP 20
🕑 Added 2025-03-20 15:11:20 +0000 UTC$NIO is pulling back today along with $XPEV and other Chinese ADRs as they let off some steam
For $NIO this is just looking like a retest of the 200 Day MA from above at $4.71, ideally we want to see a hold on this level and this would confirm that this MA has been flipped to support once there is a hold here.
The 50 Day MA is just slightly lower too at $4.50 which is also a possibility, for now, let's see if $NIO can hold above the 200 Day MA and this will be a good sign to move higher next.
Comments
Martin
American depositary receipt
Kyle R.
What does ADR stand for?
Joanne Koivuneva
Thanks for the update Cap!
Jay
Backtest before tomorrow’s earnings in PM. Tomorrow could be the day we are looking for if they show continued improvement in margins and affirm profitability is still on track.
