NIO respecting the trendline!

I think we can see some mean regression in the next week. If NIO can break the resistance band at $15 we will see a rally to $20 as per deutsche banks predictions.

If not we can expect the downtrend to continue to $9.

If it reaches as low as $5-7 I will be scooping up a lot.

Good luck.

(Disclaimer : Not financial advice)