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NIO Inc.

NIO bounced off 200-day moving average now it needs to break $48

By ivanbrian9
Updated
A successful hold of the 200-day and a 5% rally from early lows. all strongly bullish. We need the MACD to cross back over and break above $48. Volume profile is thinner above $48 making gains easier.
Comment
bit disapponted with this one. opened up well but couldn't push on despite HSBC upgrading it. Wait and see still needs to break $48.37.
Technical Indicators
ivanbrian9

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