NIO is going to pay off
$NIO Inc.(NIO)$ is the definition of a patience play—but just like Alibaba, I believe this is going to pay off.
We’ve now had four straight weeks of higher highs on the weekly BX while still holding Point of Control.
Price looks set to test $5 again in the coming weeks, and while this level has been a brick wall, we know that the more times a liquidity zone is tested, the higher the chance of a breakout.
If we finally clear that level, I still see a $3–$4 move over the next 6–12 months.
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- AnaiAnai·2025-03-10TOPNio needs to show the result first. In order to break the higher high need to have both HSI up plus Nio improved EV deliveries in the coming months.LikeReport