krisu619

Expecting strong support around 50 days EMA

Long
NYSE:NIO   NIO Inc
It's rare to see NIO bouncing around its 50 days moving average during such a booming EV market. As I see the bullish momentum continuing I expect to see strong support and bounce back in NIO stock. I could also see the bounce back being even faster, in the case of NIO releasing especially good delivery numbers for February.

Comments

I am going to hold my few hundred shares for 5 years (2026) as I am believing that this EV will be the top EV in China and perhaps be in USA & Canada by 2026. What will be the share price in 2026 - great question - any comments on this?
+1 Reply
Really waiting that NIO will bounce back. VW pushing hard ID 3, ID 4 and soon ID 5. Fierce competition between EV players.
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Next leg up
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Like back help rep
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