NIO 5$

Updated
1D MA200 @4.93 long term looks good first bounce failed off strong support 2nd bounce will be juicy but may take awhile started 5$ calls yesterday will add some 8s to January eventually.
Chinese stocks are hot CNEY finally squeeezed.
Trade active
50MA overhead, resistance at 5.50 if flipped, it will be to 7 fairly quick. I can see this playing out to $12 within 2-3 months with the help of some Chinese stimulus.
Support and ResistanceTrend LinesValue

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