$NIO up $11.11 (or 22.7%) year-to-date

Don't be disappointed in NIO. It appears to have stalled at the top of this range. I think it will bust through resistance with a spike rather than a slow melt-up. But remember this is already a $70 billion market cap company.

There is a sizable volume by price shelf around 57.74 which should provide some support. Consider previous highs will now serve as resistance.

Love hearing all the news coverage of GM and F wanting to move towards BEV (battery only electric vehicles).

Don't ignore LI and XPEV, they have similar charts.