Nio Update - Possible move in the making

Given the recent pullback in the major indices, NIO looks like it’s setting up for a potential move if market sentiment stabilizes. The stock has held above key support despite the broader retracement, showing relative strength. With deliveries improving and the company trimming losses quarter-over-quarter, any bounce in risk assets could act as a catalyst. Still a speculative name, but the compression after the dip suggests it may be preparing for a directional move once the market settles.