1) Black color: I looked at the MACD (12H timeframe), NIO in about to bounce. I just copied the pattern of December 2020 to predict this. 2) Green color: Nio stock won't drop but rise until $68 and beyond.
Take into account that fundamentals (news) supplement technical analysis. A trader does not use a crystal ball to predict the future (news and people's reactions).
What's your opinion on this? Your comments are welcome.
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