Question is... will the head and shoulders hold and we go lower, or will it fail and we break out? I'm betting shorts traded the technical charts and I'll give them credit for a well played trade... but I'm betting the head and shoulders trade fails and we break out to the upside with numbers due in just a few days. If Nio breaks lower, look for cheap LEAPS 6 to 12 months out. Nio is trading textbook chart technicals.
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