Chi_Racks

Swing on NIO

Long
NYSE:NIO   NIO Inc.
NIO appears to be setting up for a nice swing trade, if we can make a higher low and hold on the 1 hour, it would increase chances how having a bullish close above the trend line fueling the move upwards tin which 23.07 level would be crucial to hold to confirm the uptrend. I am personally in some leaps and I am confident my 24.71 and 27.79 levels will be hit. Keep in mind earnings are coming up and markets are highly volatile so as always assess your own risk. Happy trading.

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