callmekeys

NIO SHORT

NYSE:NIO   NIO Inc
NIO is overbought and I believe we will see a drop to the 35 levels.
Position - JAN 15 35P 2021
STOP - above recent highs.
Less riskier play would be to wait after earnings but tendies are tendies and tendies dont wait for no one.

Comments

Dang bro! I'm not sure, They have a great ER coming, numbers are looking good and the people is buying the hype, I wouldn't bet against them! Play safe
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