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NIO Inc.
Long

$NIO Trade Idea

By KyleTrades86
NIO Trade Idea

NIO is starting to break out of the daily/weekly consolidation range of 42-34. If NIO can continue to hold over 42 going into tomorrow the 6/11 43c can work.
Entry: 42.50
Strike: 6/11 43c
Targets: 43.25, 44, 45
Support: 38.50, 37, 35, 34
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