$NIO Inc.(NIO)$  

The bottom is not visible until share price can stay above $5 for this month.

For now, it looks like around $4.8  as selling below this is not sustainable given the better projection for next quarter.  

Current level looks good for accumulation on down trend. 

Now till next reporting is still long way so there's no hurry to buy. 

Looks like price is suppressed down for further accumulation at low price. 

Still dropping after Turkey's tariffs on China EVs.  When will the bad news end. 

Nio need to get up and start running upwards.

# At What Price Will You Bottom Nio?

Modify on 2024-06-12 16:39

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