NYSE:NIOCAPITALCOM:XPEVNYSE:TM descending triangle with tight bollinger band contraction, anticipating a big move. With a good outlook on Auto Shanghai 2021, currently anticipating price to move to backtested resistance ~$44 upon bullish confirmation.
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NIO has bullish confirmation and we have officially opened a long position. Might be some resistance around 38.72 but if we can get though it, there should be nothing in our way