I think NIO has done exceptionally well for the last couple weeks, it is clear that traders are taking a break here for the short side. I think is very likely for NIO to revisit the 50% FIB of its last impulse, saying that there is a lot of new participants and a lot of cash looking for yield, with the election undecided, it is possible that the pull back is rather shallow. I think we will revisit the $35 level.
