No one like bearish analysis on NIO, but in the last 2 tries it couldn’t breakout and close above the highest channel and it seems it is going to touch its 50 days EMA.
49-50 could be most important support level.
IMO: insure your stock with buying put option in February 2021
49-50 could be most important support level.
IMO: insure your stock with buying put option in February 2021
Note
-27% in one month
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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Disclaimer
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.