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May 27, 2021 3:35 AM

$NIO long  Long

NYSE:NIO1D
NIO Inc.NYSE

Description

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NIO breaking out of bullish descending wedge with positive divergence on MACD. See potential to test higher levels.

Trade active

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NIO finding Fibonacci resistance here. Nice zone to begin scaling out of position and raise stops to around the $43 area.
Chart PatternsTechnical Indicators
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