aderoy

NIO Technical analysis - Nov 2020 and beyond

Long
NYSE:NIO   NIO Inc.
NIO is on a long-term bullish trend.
This week comes with even more bullish news for NIO with the latest announcement that the company is working on 150kWh battery pack that could offer a range of over 900km.

This is a game-changer not just for NIO but for the industry at large. If they could deliver on this promise, there is huge price upsides for NIO, and by extension, the electric car industry as a whole.

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