TheTradingStar

$NIO - BEAR FLAG has broken - 1st PT is $3

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BATS:NIO   NIO Inc.
Have you shorted yet? Did you sell before the flag breakdown? As I have been discussed in my previous chart, there are bearish flags setting up. 1st target is around $3. Remember length of the flag pole = Measured downside. Continue to sell on strength with more downside profit
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cracked and closed below that $4.78 double bottom. Heading lower. Bear Flag intact.
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new local bear flag setting up for another leg down.
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Bear Flag still intact
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local bear flag cracked, heading lower

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