Technical Analysis of NIO (Weekly Chart) Using the EMA‑50NIO Inc. Sponsored ADR Class ABATS:NIOadel942This is a very interesting chart — and far more constructive than the ACWA setup. On the weekly timeframe, NIO is showing early signs of a major trend reversal, and the EMA‑50 is playing a central role in confirming that shift. NIO is forming a major bullish reversal pattern (Inverse Head & Shoulders). EMA‑50 is the key barrier between bearish and bullish territory. A weekly closed above EMA‑50 which is the first trend reversal signal in years. Best long entries come from: - Breakout above neckline - Retest of EMA‑50 Bullish Breakout (High‑Probability Reversal) Condition: Weekly closed above EMA‑50 and neckline breakout. Entry Zone: 6.50 – 7.20 USD Stop Loss: Below right shoulder low (~4.50) Targets: Target 1: 9.50 Target 2: 12.00 Target 3: 16.00 (measured move of IHS)