NIO closing on top of the 20 day SMA, could fill 20% gap UP
EMAs trying to punch thru the 20 day SMA and breakout
Recently announced promising earnings and deliveries are up 125% year over year for July
Tesla is also trying to breakout upwards, and can help boost $NIO as EV hype returns
First sell at $50.50, Second at $52 or overbought RSI
Bitcoin has been losing volatility and is becoming stuck deep in this bullish pennant. I am personally leading bullish (with a 60K price target), but if we break to the downside things could get bloody (19-23K). Watching closely as we should pick a direction in the next 12-36 hrs
