NIO Short Idea We expect a bearish earnings release tomorrow. We believe that the support level near $15 will be tested this week and there will be enough selling pressure to continue lower and test the $12 level within the next month. Our Foliko AI indicator, earnings power score, is demonstrating a large divergence with NIO's recent price levels. When this pattern emerges near an earnings event, it does not support any expectations for positive earnings news.
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