Tesla looks like it's starting to recover. broke past 180 moving average on 1-hour but still under on the 4-hour and daily. Tesla is also still very overvalued. what are your thoughts?
Nio Reversal
Nio pulled back from its high of $67 last month to a low of $31. Nio later bounced up after hitting the 200-period moving average which was followed by a strong move to $46 causing it to break past trendline resistance. if we can see Nio continue to stay above $40. We could potentially see some good entries around the $40 area these upcoming weeks....
