Even though NIO could have a bright future for the long run ...

Even though NIO could have a bright future for the long run (years), I see more downside incoming.
On the weekly, we are loosing momentum, but some upside is expected on the short-term.
Currently, we are in the consolidation zone, chances are, we are going up a bit to create the top of the right sholder with the target of 9.40-9.60, then going back down to the consolidation zone.
We are also below the 9day&15 day MA, and also below the 21day EMA. All theese will possibly be huge resistance.
Very short-term : uptrend target - ~9.40
Short-term: downtrend target: ~8.80
Low Mid-term: downtrend target: ~8.00-7.70
High Mid-term: downtrend target: ~7.10
Long-term: downtrend target: ~5.50