NIO BUY OR LONG , TARGET $70+

Updated
NIO has broken out of a "Down wedge" and the upside it has had a solid consolidation for a new bullish direction.
I gave an early buy at $42 on twitter but it's still a reasonable buy to add to the position now.

Target 70+
Stop loss 10%.

Good luck
Trade closed: stop reached
China continues to suppress technology companies
Chart PatternsNIOPennantTrend Analysis

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