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NIO Possible Short Setup with Anticipated Poor ER 6/9

Short
NIO Inc. (NYSE:NIO)  
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NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns NIO
10
0
trendanalysis chartpattern nio
Still below the 200 EMA on daily Chart. Closed today below yesterdays High. Overbought territory on almost every timeframe below the daily chart. If it rallies from 10.36 and breakout of wedge, could have nice returns as stock recovers with upcoming reopening of China for future Quarters of 2022 going into 2023

snapshot

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