RaftoO

NIO update

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NYSE:NIO   NIO Inc.
Taking a look at the one-hour chart, we see a failed breakout up AND a failed breakout down, in my opinion this is perfectly normal. I am expecting a few more days of volatility before a big move to the upside. I would hold shares and maybe load up at the 39-40 dollar mark. The hammer candle set up beautifully played out at the 2.618 fib line. Coincidence? I think not, smells like a market shake down to me
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