MrLongTerm

Long CVNA short NIO

Long
119 views
0
This is my first idea.
NIO is overprice and the whole tech sector (and especially the EV sector) is in a bubble, so I would like to short NIO .
On the other hand, what if this bubble will last many more months?
So let's long CVNA (that should be able to sell used Tesla or any other EV car as well and will do well even if the whole market shifts to only EVs ).
From the TA point of view, we are in accumulation after braking the trend.
Tell me what do you think.
This idea is for entertament purposes only. Do your owen research.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out