$NIO looking good here - partially thanks to $TSLA battery day

I'm bullish here, so long as the ascending channel doesn't fail. Great risk reward from what I'm seeing.

Yorum:

Well, that didn't work out. Broke through our lines of support, etc, etc. With the bear market almost upon us - NIO is getting dragged down and could continue down to possibly $16.00.

I'll make another chart evaluation in the next few days. I need to see what happens with Tesla's battery day first.