NIO - Needs a few more days before we get any good long setups

Price is still consolidation in what I believe to be a wave 4.

Potential resistance zone is at 25/29-ish.

If price doesn't break below that zone, it needs to break above the black VWAPs to have a chance of making a new high.
Also, I would like to see RSI above 50 and ideally in overbought territory.

For now, sit on your hands, no reason to get in too early.