Possible bull flag, measured move on the flagpole to the upside of 48. Once Nio breaks 45.05, can see the gap fill to 46 easily, strong volume expect a climb to 48... If Tesla is really bullish this week, nio will also follow. Long term target on nio is $51
Only concern, china been killing their own companies for stupid reasons.
Anyway's good luck this week.
Support 1. 44.20
Resistance 1. 45.05
Resistance 2. 46.10
I am not a financial advisor. Do not take as financial advice, ever.
Do your own research.
Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!