abigreen

NIO, dont buy it yet

abigreen Updated   
NYSE:NIO   NIO Inc.
Short term I expect a bounce within the range, dead cat if you like, based on being oversold across all time frames.

Longer term, Looks like more blood will be spilled for NIO.
Way to many gaps made from 2020 run, and gaps like to be filled.

Good luck !
Comment:
I closed the trade with profit.
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