NIO as predicted in my last post, we saw trend resistance act as support for the 2nd time and bounce. also bounced off the RSI support mentioned.
Now we are at make or break it resistance on RSI, many rejections from this level in recent history so we must pay attention to it now!
if we break above RSI level the rally to 18.44-24.15 continues, but if we see another rejection on RSI then a dip to 12.22 is possible.
please don't forget to like and follow if you enjoy my analysis, thank you! :)
Now we are at make or break it resistance on RSI, many rejections from this level in recent history so we must pay attention to it now!
if we break above RSI level the rally to 18.44-24.15 continues, but if we see another rejection on RSI then a dip to 12.22 is possible.
please don't forget to like and follow if you enjoy my analysis, thank you! :)