NIO Inc.
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Short term Bearish Flag

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IMO: Current trend indicates that the stock movement is in a bearish flag tunnel therefore I do see a short term pull back down to ~$47.35.
Personally I'd like to see the bulls keep the price above ~$48.45. We could see a breakout above that towards ~$50 if the market sentiment stay positive.

Disclaimer: This is not financial advise

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