NIO Inc. Sponsored ADR Class A
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Is big money accumulating positions to run prices higher?

508
Short term long bias

Confluence: Area of support and resistance, big money dealing range, early stage of bulls in control.

Buy : 3.35 level

注释
Dec 30th, break and close above the 3.35 level. I view this as break in market structure.
注释
I suspect price will run lower into 3.35 area and/or lower to fill gap at 2.56 level run stops on weak longs and probable big money will reload position to run higher to run stops on sitting ducks ( shorts protective stops)." shorts trapped"

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