nio can run to a new high1. $40 level holds 3 times with a higher low.
2. 1 day chart has 50ema holds 3 times as well.
3. nio day is coming at Jan 9th.
4. TSLA price cuts will have a big impact on NIO, since the price is so competitive.
5. Having a sell put around 45, and need to watch closely next week to see how much impact on the news.
6. First target 56, second target 68, and stop 39.