Shares of electric car maker NIO Inc are hammering on a major support trend line at $42.15. This support level is found by connecting the previous low pivots from November 2020 and February 2021.
Shares of electric car maker NIO Inc (NIO) are hammering on a major support trend line at $42.15. This support level is found by connecting the previous low pivots from November 2020 and February 2021. As long as NIO holds this level, the stock can bounce. If price closes below $42.15, look out below. The stock could see declines to the daily 200 moving average at $30.00.
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