Truda Harvey
01-13

$NIO Inc.(NIO)$ NIO has lost its $4.50 support line and is likely to test $4.07 for support next.

However, it’s crucial to focus on the bigger picture and not let short-term red days cloud your judgment.

These periods of frustration can lead to emotional decisions, making your mindset vulnerable to fear and doubt. Staying grounded and maintaining a clear perspective are essential for long-term success!

NIO has formed a large Falling Wedge pattern that’s tightening, a structure often signaling a potential bullish breakout.

This is a time to stay patient and disciplined - breakouts can reward those who hold their conviction.

Patience is key in setups like this.

Falling Wedges often frustrate before they reward, but staying disciplined during consolidation periods can pay off.

NIO’s short-term volatility doesn’t erase its longer-term breakout potential—conviction wins in the end.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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