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KVBroccoli
Feb 17, 2021 9:29 PM

NIO--- Potential pullback entry off of support. Long

NIO Inc.NYSE

Description

NIO appears to be bouncing off of strong support after a pullback/bullish consolidation phase.
Stop closely beneath support. NYSE:NIOMight be a good entry to target the top of consolidation trendline and beyond!

Comment

Entry not taken at this time. Looking for further correction on market weakness, potentially to ~$49 support.
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