Dilution at a perfect time for an healthy retracement Short

NIO Inc.NYSE

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⋅ Aug 27, 2020 11:27 PM

16.3-16.4$ is at the convergence between the short term 0.68 fib and the macro 0.236, which would make this dilution a perfect timing for a healthy retracement on the next couple of days before going back up with August delivery numbers.

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