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

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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
TheTradingStar
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Chart PatternsTechnical IndicatorsNIOTrend Analysis

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Chart PatternsTechnical IndicatorsNIOTrend Analysis
TheTradingStar
Também em:

Aviso legal

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.