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NIO Inc.
Short

$NIO Short on Bearish Earnings -> on path to test $12

323
NIO Short Idea
We expect a bearish earnings release tomorrow. We believe that the support level near $15 will be tested this week and there will be enough selling pressure to continue lower and test the $12 level within the next month.
Our Foliko AI indicator, earnings power score, is demonstrating a large divergence with NIO's recent price levels. When this pattern emerges near an earnings event, it does not support any expectations for positive earnings news.
Foliko
Also on:
Beyond Technical AnalysisEarningsearningsplayNIOSupport and Resistance

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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.
Beyond Technical AnalysisEarningsearningsplayNIOSupport and Resistance
Foliko
Also on:

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.