Potential move for the next 3 Weeks
Volume: A significant volume bar indicates the most recent price drop and signals a potential capitulation phase.
Not Fininacial Advice
Volume: A significant volume bar indicates the most recent price drop and signals a potential capitulation phase.
Not Fininacial Advice
Trade closed: target reached:
TP 1 und TP 2 Reached
Trade active
From May 1-12, Nio had 5,600 insurance registrations in China.
From May 13-19, Nio had 4,400 insurance registrations in China.
The total for the May 1-19 period is 10,000 insurance registrations.
There are 12 days from May 20-31, which is 1.71 weeks.
Estimated registrations from May 20-31 = 4,400 registrations per week * 1.71 weeks = 7,524 registrations.
Total May 1-31 registrations: 10,000 + 7,524 = 17,524
increasing by 280% year-over-year.
Nio Definitely moving in the right direction, a lot of improvement need be made.