Do you not think nio will continue to rise if earning beat exceptions?
hhakobyan299
⋅
@Lpoolchris123, hi there, this prediction is made based on the fact that most people are holding the stock to sell followed by the JP morgan news in the past 7-10 days it has increased, but then, many people wanted to stock up to sell on the event of the earnings, hence there are many buys than sells still. I predict at least a 15-25% decrease from its highest high it will reach before the earnings, which will lead it into new support and resistance.
Again this is not financial advice just my opinion if you would like to discuss it more please comment here)
@zipgreg0r, yes however I anticipate a rough gain right before the 17 of November(earnings day for NIO) where after that it will reach its new support and resistance
zipgreg0r
⋅
@hhakobyan299, i do apologise. you were right. I will draw conclusions from this lesson. bless you. give you follow.
regards ZiP