NIO Inc. Sponsored ADR Class A
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NIO Dip $ Target

413
we need to hold above our current support above the 8.95$ to confirm the reversal and breaking first the resistant at 9.33$, then go towards the 10.50$ resistant which will be a turning point for nio to confirm the reversal and enter in to bullish trend again.
however if we didn't hold above the 8$ support , we going towards the bottom for this year above the 5.60$+.

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