NIO Inc.
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Nio (NIO) | Attractive $10 vol.2

Hi,

Technically speaking not the best criteria but not so bad either so I would like to share it as an idea. Combine fundamental analysis with technical, fundamental is your own thing but some technical viewpoints are:
1. The round number $10
2. Gap fill from 2020 June
3. Fibo Extension
4. Previously worked resistance level

Do your fundamentals, it should be a strong one because be ready to grab it from lower prices as well but to start building NIO positions it looks correct spot, at least technically speaking.


Good luck,
Vaido
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