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r/nio
Price action has been strange but make sure to keep a snapshot of accomplishments in mind
Investor summaryBullish
NIO's recent disappointing price action presents a buying opportunity under $6, supported by bullish technical patterns.
Bull points
- Buying opportunity under $6.
- Bullish technical patterns like bullish engulfing and tweezer bottom.
NIO电动车
Post body
The last few days of NIO's price action has been strange and disappointing but times like these really just offer an opportunity to acquire more. When looking at a snapshot of news (like on TradeRadar), it's easiest to focus on what matters. Under $6 for this stock is absolutely where I am happy to grab more.
And P.S. That big green candle (bullish engulfing + tweezer bottom) is lovely to see for you TA people :)
How do you see things holding up in the short/long term for NIO at this point?
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