If you were in long from yesterday and a #swingtrader then take your profits now and by back in on the old ATH price of around $22.10. If you are NOT in a position you could short for a $1.00-$1.25 SP drop, but keep your stops tight. $NIO could continue higher as shown in the green arrow.
Comment:
With the stock shooting up to my purple ascending channel, the stock now needs to either correct with a drop to the $24.50 area or trade sideways, consolidate, then continue higher to $27.50