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ivanbrian9

NIO bounced off 200-day moving average now it needs to break $48

NIO Inc. (NYSE:NIO)  
ivanbrian9 Updated   
NYSE:NIO   NIO Inc.
Technical Indicators
4
0
indicator
A successful hold of the 200-day and a 5% rally from early lows. all strongly bullish. We need the MACD to cross back over and break above $48. Volume profile is thinner above $48 making gains easier.
Comment:
bit disapponted with this one. opened up well but couldn't push on despite HSBC upgrading it. Wait and see still needs to break $48.37.
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