NIO Inc. Sponsored ADR Class A
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A break of $18.00 sets us up for a bullish cycle

831
With the recent Wall Street hammer on the tech industry, pretty much all tech-related stocks have suffered. I believe that NIO is a victim of this overall market trend versus its recent stock dilution. A break above $18.00 with a little more volume is a confirmation that the bears have handed over the SP to the bulls.
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If 17 can hold then this is a good entry. If you're a long term bag holder than this is a good entry. If you swing trade, enter here or wait for 15.50-16, however, it may not get that low.

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