PaperBozz

$NIO - Danger!

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BATS:NIO   NIO Inc.
NIO I don't always exit at the right time, but I got it right on this one.

NIO retraced back to the trendline last Friday around $6.

On the weekly chart, THREE BLACK CROWS candles formed, which usually means more downside to come.

I believe BABA is a more compelling bet.

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