$NIO - Flag Breakout - Anticipating New Highs

NIO broke out of a month-long symmetrical triangle at the end of 2020 and formed a new high. It's been consolidating at highs for 2 weeks and broke out on Friday 1/22.

This opens up some new upside targets:

• TG1: 62.89
  
• TG2: 64.35
  
• TG3: 66.72
  
• TG4: 68.97
  
• TG5: 71.38
  
  
• Invalidation under: 59.30
  

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