NIO is considered by many as the "Tesla of China'', however, the company was running dangerously low on cash as China's automakers deals with fallout of the coronavirus pandemic, declining new car sales and the loss of generous government subsidies to build electric vehicles. NIO has secured new funding as of April and additional investments today. In light of this I am including NIO in my picks of green portfolio stocks for 2020
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We are halfway there. I am pulling 1/4 of the position and going to break even. If it stops me I will get back in. Enjoy!
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This is the first target and possibly a temporary midpoint. You should be off this with half profit. stop pulled even. Thanks tons.
Trade active:
If you do not have profit off this you need to take some. Thanks, guys! I am waiting for the next target but look left and understand the support at six bucks. Thanks!
Trade closed: target reached:
Ok this has hit everyone. worked out great! Will update you in a bit should go higher but I am pulling profit. Cheers!