The Long Investor
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$NIO TOP 20
🕑 Added 2025-02-24 13:33:52 +0000 UTCI have shared this chart on X today to bring some positivity to those holders who have been in this for the last 4 years and continue to hold strong.
$NIO
Ironically very straight forward from here after a 4 year wait.
A break and hold above $4.81 and the 1.618 Fib is the next target at $10.65
What we don't want to see is another rejection breaking out of this descending wedge.
A bounce to the 1.618 Fib would be Wave 3 and we can see that the 2.618 Fib is at $14.74 which would be the Wave 5 target....where the 200 WMA is moving down to right now, I do like to see this happening.
Comments
Holger
I could also imagige that falling triangle needs a last low before turning around.
Boons
Time quintuple up 😆
Dipen Patel
1st buy Sep 2021. $34.7 😄
Chris H
We’re in, BELOW the buy zone now
Chris H
Of course
Chris H
I would be making SO MUCH if this reverses. One of my biggest positions even after everything rose and this dumped
Martin
I’m in my 5th year 🤪
GM
Do you consider possible short squeeze on the way to wave 5?
Julien
What's the buy range? i would like some exposure to this
