NIO Inc.
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Watch out for the DOOM and GLOOM

It is unsettling that NIO is forming a Descending triangle.

A 4th Touch of the baseline would likely result in a break down of the descending Triangle, with target being the height of the Triangle.

In my prior post I have posted my exit, I'd be keen to add shorts on the breakdown of this Triangle.

The best traders remove emotion

No Matter how much I love Nio this is what the charts say.

If this triggers you it is very likely trading is not for you.
Technical Indicators

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