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$NIO - VERY BEARISH - Overbought Weekly, Downward Channel intact

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NIO Inc. (NYSE:NIO)  
TheTradingStar  
NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns Technical Indicators NIO
5
3
trendanalysis chartpattern indicator nio
Great short opportunity as the weekly chart shows that last week, it has rejected again its top of the channel while in Scholastic RSI overbought territory. Heading lower.
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