$NIO Inc.(NIO)$ #NIO
16-01-2024
https://www.tradingview.com/chart/NIO/5sDrClHK-NIO-Analysis/
Price failed to played out to my last analysis. From here, the price is more likely to further mitigate the original bullish order block at 6.50 than to make a bullish move. If price breaks the low at 7.03, we could see a confirmation on the Wyckoff re-distribution schematic started in Oct 23.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments