I've been tracking NIO for quite a while now, and the correction has been long, and complex.
I have had this down as a 5-3-5 correction since Feb/March 2021, and it has played out accordingly.
The last couple of days have been confusing, but it's clear that we're on either Wave 1/2/3 of:
5 of 5 of C of 2.
On the Primary count, this is a Wave 2. I was going to buy at $27 at the 0.618 fib, but feel this may go as low as the 0.786 fib at $15.43ish.
I plan to start buying in tranches when this falls below the previous low of $18.08.
Ideally, I want to buy from $17.50 and lower, but we will see what happens!
NIO
I have had this down as a 5-3-5 correction since Feb/March 2021, and it has played out accordingly.
The last couple of days have been confusing, but it's clear that we're on either Wave 1/2/3 of:
5 of 5 of C of 2.
On the Primary count, this is a Wave 2. I was going to buy at $27 at the 0.618 fib, but feel this may go as low as the 0.786 fib at $15.43ish.
I plan to start buying in tranches when this falls below the previous low of $18.08.
Ideally, I want to buy from $17.50 and lower, but we will see what happens!
NIO
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.