I'm honestly embarrassed to be trading in a generation that's scared about a 7% retracement intraday. It's not time to dispense my background as a young adult- it's time to talk about one of the most profitable trades in the april-may time period. The market in general has been extremely bullish this past month with SPY hitting all time highs consistently. When it comes to trend analysis and chart patterns, one needs to consider this. Using stock screeners, it is not hard to see an extremely inverse correlation between EV and the general market. When SPY is bullish, EV is bearish; and when SPY is bearish, EV is bullish. Checking out this chart, you can see the last time NIO closed below 35. A huge, huge bullish explosion. Let alone, look at the extremely simplistic RSI correlation. Day traders love to ride the RSI on NIO and then hold it on explosive bull runs, as indicated by historic performance. I expect anyday with a retracement in SPY to set NIO off like a ticking time bomb. Don't forget the option analysis on this one. Bulls are seeing NIO to 40 by 4/30 despite NIO being under the 200 SMA and MMA for awhile. We are seeing all time highs in option volume with 11,150 contracts expiring at $40 4/23. Let that sink in. Minimum of $40 by may with upsides of even higher swings of $60+. Last time RSI followed these indicators, NIO went up. Don't sell, buy more. This might be your most profitable trade of 2021.