elliotthforex

NIO STOCK WYCHOFF RE-ACCUMULATION

Long
NYSE:NIO   NIO INC
I see a potential re-accumulation phase with NIO stock. The earnings release is on March 1st and is looking to be a postive one so this could be a great catalyst for the stock and fuel a push higher as projected on the chart.

I see $45 as our absolute low where we must bounce. If we can accumulate at this price the stock will be in a great position.

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