NIO Inc. Sponsored ADR Class A
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UPDATE #3 When will NIO finally get going?

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I've been playing with NIO for almost a year now and seemingly very familiar with it's predictability. I haven't moved any of my lines on the charting above from the initial June post, just added in a few directional guesstimates (depending on good earnings). We broke below what initially appeared to be an ascending triangle, continuing to support my idea of a small entry at $17 and a few more nibbles down into $16
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We'll continue the downward trend into late Sept earnings

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