NIO is forming a Descending Triangle, since it is a Bilateral Pattern price can breakout either way. If the price falls below $32 then I would advise being patient and waiting for the right buying opportunity if you are buying options. I would love to see it re-test and break the $38-$41 range, if it does then this could confirm an uptrend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.