NIO seems to have bounced from 4.90$ which may have acted like a support. Unfortunately, 5.30$ becomes a resistance. i would wait for another dip to 4.90 and see if it bounces from there to be a sure shot LONG. If it breaks 5.40$, then 6$ is an easy 10% play for an all in !!
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.