Tesla’s Chinese rival is trying to reverse the bearish trend developed over the last few weeks.
Pro1 PREMIUM Portfolio
Resistances: $37.50, $42, $45.50, $55, $58.60, $61.
Supports: $33.20, $30.70, $26.50, $22, $21.60.
Targets: (Bullish) $37.50, $39.80, $42, $45, $48.80, $50, $55.10.
Trend structure in NIO:
- Short term: Neutral.
- Medium term: Neutral-bearish.
- Long term: Bullish.
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