Let's see if NIO will bounce back from $3.71 level tomorrow (yellow channel line),if not then it can potentially go down to ~$3.51-$3.40 area. On May 26th Morgan Stanley reported increase of NIO shares (bought on March 31) ,I am just wondering if that May 26 report is a set up (trap) for the investors .Next few days will show if in the light of "positive news" NIO price going to fall down (Morgan Stanley-selling part of their shares ).