ryan_c_t

NIO heading towards major Support level

Long
FX:NIO   NIO Inc
Major support level acting as an LLT
look for extension on trade (yellow arrow)
one resistance zone that could slow done flow however i am not expecting it to have a huge impact of the overall trade

entry: 33.5 (bit deep in the zone but will take my chance of limit order being hit, will manage it though)
Stop: 30.25
TP: 41.7

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