faling wedge or pennant for nio

NIO Inc.NYSE

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⋅ 9 May 2021 17:35

bullish breakout after faling wedge, or pennant (yellow) could form a bearish breakout chanel ( r e d ).the rainbow shows what a braekout coould look like.
remember: only buy when the bulls take over...

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vik0q

⋅ 9 May 2021 19:31

there's still a good volume of puts, is not bullish

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