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Trendy-Neck

TrendyTrades: NIO bounce off Daily-Demand

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NIO Inc. (NYSE:NIO)  
Trendy-Neck  
NYSE:NIO   NIO Inc.
Trend Analysis Supply and Demand Support and Resistance NIO Supply Zone Demand Zone keylevels trendyneck trendytrades
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trendanalysis supplyanddemand supportandresistance nio supplyzone demandzone keylevels trendyneck trendytrades
Using Supply & Demand on a higher time-frame (DAILY) I've found a simple analysis of NIO respecting Supply along with a Daily Key-Level at 42.71 and slapping back down. NIO has respected the Demand Zone at around $34 three times before and instead of heading back to that level, I believe it will catch a newly made Daily Demand level of 37.17 which will cause it to bounce up and back into Daily Supply/Daily-Key Level. -TrendyNeck
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