$NIO - Flag Breakout - Anticipating New Highs
NIO broke out of a month-long symmetrical triangle at the end of 2020 and formed a new high. It's been consolidating at highs for 2 weeks and broke out on Friday 1/22.This opens up some new upside targets:
- TG1: 62.89
- TG2: 64.35
- TG3: 66.72
- TG4: 68.97
- TG5: 71.38
- Invalidation under: 59.30
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