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Moshkelgosha

Correction in NIO seems inevitable..!

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NIO Inc. (NYSE:NIO)  
Moshkelgosha Uppdaterad   
NYSE:NIO   NIO Inc.
Trend Analysis Support and Resistance NIO
39
6
trendanalysis supportandresistance nio
No one like bearish analysis on NIO, but in the last 2 tries it couldn’t breakout and close above the highest channel and it seems it is going to touch its 50 days EMA.
49-50 could be most important support level.
IMO: insure your stock with buying put option in February 2021
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