NIO week 6: the decline holds, but technical cracks are widening

NIO is in week 6 of a sell signal, with a 14% gain for those holding short positions. Bearish pressure still dominates — weekly structure remains downtrending, price below the Ichimoku cloud, flows in distribution — but on the daily chart a double bottom has formed in the 5.0 area with an intermediate rebound of 27%: a technical pattern that warrants close attention in the coming sessions.