To load or not to load?

Its another week and a muted one with not much general direction but with some major markets closed due to holidays.

Seems like we have to wait for the US markets to open to give a rough gauge of where the markets are heading.

Personally, I am looking at a few counters and$NIO Inc.(NIO)$is one I am looking at keenly. The levels that I am watching closely are as follows. 

1. Recent low of 13

2. EMA100 on monthly chart 16.3

3. EMA200 on weekly chart 23.4

4. Resistance level of 20

As we can see, there are 2 important support levels below the price at the moment as well as 2 above it. 

Hopefully, Nio can move above the resistance levels and go on to test the upper resistance trend line.😊

# 💰 Stocks to watch today?(31 May)

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  • YNWIM
    ·2022-04-18
    Nio is worthy to keep for long term with its strong foundational level and promising future of development.😃😃
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  • sadsam
    ·2022-04-18
    Yeah! I also see the increasing trend of NIO. But I'm uncertain about Nio can go up from the resistance point.
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  • PandoraHaggai
    ·2022-04-18
    Heard that NIO is having problems with production.
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  • 1moredrink
    ·2022-04-18
    Go! Go! Just add you shares in it. I believe the stock will be the second Tesla.✈✈✈
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  • seejay
    ·2022-04-19
    wait for a clearer sign to load
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  • jeffry09
    ·2022-04-18
    NIO's perfomance hadn't met my expectation.
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  • ElvisMarner
    ·2022-04-18
    I also expect NIO to break out to the upside.
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  • Toby_Chua
    ·2022-04-19
    Good sharing
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  • Kai kung
    ·2022-04-19
    what a load!
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  • BlueDragon
    ·2022-04-19
    nice
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  • Max77777
    ·2022-04-19
    👍
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  • charija
    ·2022-04-18
    [Cry]
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  • IshKou
    ·2022-04-18
    😅
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