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TheTradingStar

$NIO Bullish F Flag, Healthy Consolidation $40-$50 Medium Target

Long
NIO Inc. (NYSE:NIO)  
TheTradingStar  
NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns Technical Indicators NIO SPDR S&P 500 ETF (SPY) QQQ
15
0
trendanalysis chartpattern indicator nio spy qqq
-Currently trading in range bound. Very healthy consolidation. The longer the consolidation, the more energy for a bigger and higher leg up.

-Any good news will breakout of the Bullish Flag before delivery numbers reporting in November.

-Short-Medium term target of $30

-Medium term target of $40-$50


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