$NIO yieahhh

Another Chinese company. They are all beat down
can they get beat down further? - yes
can it sink down? - yes
am I scared? - yieaahh
will I still go in? - yieahhh

1. Awesome R/R
2. Came down on a clear A-B-C
3. Monthly MACD trending green
4. Monthly RSI on a triangle, as soon as this breaks we will see a direction and will be fast, should be soon as we approach apex.
5. Monthly RSI, I like it right now touching the SMA and hopeful that it will use it as a trampolin
6. Weekly RSI not on this idea, seems to have broken up and is now coming down to retest the broken trendline, which I like
7. Hopeful to see a catalyst to send us to $9 quick which ison the next volume shelf, 23% retracement fib from previous high to low, close to the SMA. A lot of confluence here.

Be safe out there, this name is vol-a-tile-yieahhh