On Feb. 9, 2021, we told investors that the charts of EV maker NIO Inc. (NIO) were weakening, saying "NIO's charts and indicators make me nervous. Longs should raise stop protection to $53. I want to get out of the way if a deep pullback develops." Prices have not declined to our stop at $53, but the indicators are pointed in that direction.
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Let take a look at the charts ahead of Tuesday's earnings release.
What makes GNOG particularly interesting right now is that it has recently called its warrants.