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NIO's stock price experienced a strong pullback on the weekly chart from the Kijun line of the Ichimoku cloud, and the previous attempt to break through the upper edge of the cloud also ended in failure. A confirmed higher high and higher low have not yet formed, and it may retest the lower edge of the cloud as support next. Personally, I currently do not hold any NIO positions; in Chinese stocks, I mainly hold Alibaba and Tiger Securities. For other targets, I mainly observe.