Dc1392

NIO Bounce off 100 sma line.

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NYSE:NIO   NIO Inc.
NIO daily chart is looking really good setting up for a nice swing trade. Look at the price action how we bounced off the 100 sma line, and the MACD is closing red getting ready to turn green while the RSI is heading up. Giving this a short term price target of 50 dollars. By the end of the year NIO should be at 100 dollars.
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