$NIO Inc.(NIO)$ NIO investors:

$NIO Inc.(NIO)$ NIO investors: We're set to break the trendline, and prices could hit $10.2 sooner than expected.

The falling wedge trendline and the 50 MA on the 12H chart converge at the same price. Once we break and close above $6, expect a sharp rise towards $10.2, where the 200 MA is located. Historically, when the market cap breaks out, there's an 84% chance the price will surge. Will history repeat itself, as it did in June 2020?

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