$NIO-SW(09866)$ Vicious cycle.

$NIO-SW(09866)$ Vicious cycle. It's gonna end at some point. But it's better to wait for a confirmed turnaround before going long. Look for bullish engulfing candle, morning star, bullish hammer, harami and etc. These reversal patterns are not visible yet. Do not chase a stock, let it show you and come to you instead.

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