montej23

NIO SELL OFF

Short
NYSE:NIO   NIO Inc.
Bullish long term, but last 3 earnings there has been a sell off on a average of 7%, Charts indicate resistance around 41 and will be consolidating in a wedge until a break out several days after earnings call. Look for support around 36.30 if this level is broke expect next support to be @ around 34.
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