$NIO bullish

Chart looks very bullish as of now, an ideal TP would be $50. Broke out of a trendline and showing some strong impulsive move to the upside. If you decide to trade (on your own risk, do your own DD) make sure you book your profits because things might change rapidly for NIO expecting a drop from $50. Still, we have time to think about that scenarios, might not but better to be cautious and not give back profits.

Trade Safe.
Beyond Technical AnalysisChart PatternsTrend Analysis

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