$NIO Do not be afraid to cut if this can't recover over 48 today by close. 1y trend is important. If it loses that the EV sector as a whole might be in a bubble pop. I'm going to be cashing out of every EV position I have outside of my core position if it loses the 1y support today. GL all
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@Agpm a lot of traders were focusing on the 50SMA That broke overnight. If that can't make a strong reversal today, I don't see any possible support until low 40s