KyleTrades86

$NIO Trade Idea

Long
NYSE:NIO   NIO Inc.
$NIO Trade Idea

$NIO is starting to break out of the daily/weekly consolidation range of 42-34. If $NIO can continue to hold over 42 going into tomorrow the 6/11 43c can work.
Entry: 42.50
Strike: 6/11 43c
Targets: 43.25, 44, 45
Support: 38.50, 37, 35, 34
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@KyleTrades86

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