MnMVentures

NIO pull back before the next run!

NYSE:NIO   NIO Inc.
Goodmorning everyone! I hope you had a great night!

Today looks like positive confirmation that NIO is pulling back to its next supports, yesterday was a clear break in the downward direction coming out of its multi day wedge. If 58.70 has a clear break we will be heading down to the 54-56 range, which is my first point ill be buying back in. If that range is broken we could even see 50 again which I would load up shares on! I haven't changed my fib lines on this chart or my previous targets. I did make a new fib trend just incase it exploded up but its not ready yet! GLTA and feel free to follow I try to post updated charts on tickers here and stocktwits @MnMVentures when ever I'm not working! LONG TERM NIO IS A BIG OL BULL.

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