Nio Inc (NIO)

[JJ8]

I have to point out that the bullish signal for NIO remains valid regardless of today's session.

A trend change coming from a long period of downtrend like NIO can be likened to a seasonal weather change. The change is not apparent it acts more like it was before.

Though, the market can do anything.

One that happened today was with NKL* Its Bullish signal was reversed to Bearish. The company has financial challenges that are knotty and impacting share price structure issuing new shares to raise needed funds to finance its operational costs.

But NIO stock triggered a major bullish reversal structure that is for the long term , and it is looking amazing.

GLTA