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NIO Stock Drops Below $3.82 Support as Wall Street Cuts Targets

Covered by 1 source · 1 article

NIO stock closed at $3.86 on the daily candle, extending a multi-week downtrend. Price sits below every major moving average with a stretched RSI and a Bollinger Band breach to the downside. Bernstein and J.P. Morgan have both cut targets,…

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NIO Stock Drops Below $3.82 Support as Wall Street Cuts Targets
Cryptonomist 4h ago

NIO Stock Drops Below $3.82 Support as Wall Street Cuts Targets

NIO stock closed at $3.86 on the daily candle, extending a multi-week downtrend. Price sits below every major moving average with a stretched RSI and a Bollinger Band breach to the downside. Bernstein and J.P. Morgan have both cut targets,…