NIO - long to 35 dollars

When ever this stock surge up after good news, the price fell the days afterwards. I follow trends an partterns. I see a potential support at 0.786 fibonacci, so around 24.5 dollars. You can also see a support every time price touched the moving 100 days. The momentum is falling, and when we see that consolidation fase, then you buy for a long investment.
Trend Analysis

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