jackohgorman

NIO seems to be inbound $15

Long
NYSE:NIO   NIO Inc.
On the 4HR and 1D it seems like we can bounce back to mean price from around $10.

Stance is neutral, will take profit at $15, be cautious of downside but I think we may gap up first, then towards $20 if this rally lasts into early Q2.

$7 would be the floor if price rejects.

Stay safe.


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