NIO Inc. Sponsored ADR Class A
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A High-Risk, High-Reward Bet in the EV – Is Now the Time to Buy?

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The stock has experienced a significant downtrend, declining approximately 47% in 2024.

Momentum in the China theme could be beneficial for this stock as the RSI is making higher highs with stock prices making lower highs; it can shoot up anytime as per the current setup.
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Breakout today, 50% profits can be booked and hold the rest.

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