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lahiru.fernando54
Dec 20, 2021 1:48 AM

NIO Fib downward extension 

NIO Inc.NYSE

Description

Expecting price to move up to 0.786 then continue downward trend to price target 1.618. Timeline expecting 1 month Jan 21.

Comment

Holding Jan 7 2022 25 Put bought for 0.84.
Holding directional butterfly at 15, 20, 25. Bought at 0.38 Debit, max profit 4.60
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