NYSE:NIO   NIO Inc.
Price bounced off the bullish POI at 19.18 as analyzed last week. Price is unable to break any market structure with this up move. We can see increasing volume but no results are seen. Price also seem to be in consolidation here. We might not see any action for a while.

Prop Firm Funded Trader
Find out more about me here: linktr.ee/kt_fx
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.