$NIO Who was watching the level II book on the failed retest of the high when we opened this morning? Did you see all of the stock that the bears were throwing at you bulls? Did you see how aggressive the profit taking and selling was? You already know there is not enough volume to push this exhausted move any higher today. When it stalls, if falls. Momentum has stalled and volume is off to the next breakout trade. It's always the bulls who stick around too long that get run over. Ya gotta know when to fold 'em. Thinking leftover bulls don't read chart patterns, am I right? I thought so.
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