Long NIO at $7.10 - LOWER risk trade (not low risk)The chart is fairly self-explanatory. We have a huge amount of support at the ~7.00 level. The descending trendline may keep us from breaking out much past the $8 mark. And it could do a full round trip back to supply at $7.
EV has been crushed and this may be a good opportunity for a lower (NOT LOW RISK) trade with a safe stop.