Replies to post #20746 on Nio Inc (NIO)

[longboarder7892]

55.00 to 41.00 the only ones that are happy are the ones that shorted NIO above 53.00. If it takes out the double low around 40.50 the next level of support will be 31.00. I see it going lower because of the regulations introduced by the Chinese government regarding for-profit education companies, which investors fear may have implications for other industries. Good luck

[longboarder7892]

Covered my short on that last new low break if it rallies I will put on a another short.