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$NIO Inc (NIO.US)$ made no new lows on 9th June after the terrible earnings report. It then went on to have a higher close on the next Monday before breaking up past resistance last week!
Going up on bad news is good news for the bulls. Especially when there is still a lot of bearish sentiment among retail.
Going up on bad news is good news for the bulls. Especially when there is still a lot of bearish sentiment among retail.
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