NIO closing on top of the 20 day SMA, could fill 20% gap UP

NIO closing on top of the 20 day SMA, could fill 20% gap UP

EMAs trying to punch thru the 20 day SMA and breakout
Recently announced promising earnings and deliveries are up 125% year over year for July

Tesla is also trying to breakout upwards, and can help boost NIO as EV hype returns

First sell at $50.50, Second at $52 or overbought RSI