Nio looks ready to break below support line on it's one year downward channel. Failed breakout to the downside on 12/17, I predict a move below recent lows at 28.10. Breakout below support line with volume will lead to rapid price depreciation on NIO.
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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.