Set Alerts for these lines

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The art of catching a fallen knife takes lots of patience.
The best time to buy a falling stock is when it starts reversing, and for that you need to have at least 2 confirmation levels for NIO to break.

Before buying in NIO, you would need it to break the resistance trend line CONFIRMATION 1.
Then for a strong trend reversal confirmation you need NIO to break the resistance line CONFIRMATION 2.

Draw these 2 lines and set alerts for them.
Let the trade come to you, don't chase the trade!

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