rvnxsoul
Long

NIO Momentum going wild

NYSE:NIO   NIO INC
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No news that NIO got ripped apart completly over the last two weeks, showing that even the best analysis can't predict bad news.
Breaking the all time low, which can't even be called support anymore, NIO has plummeted to it's new all time low after giving hope of bouncing up again.
Momentum shows the turning point with the Stock stumbling further. Bearish behavior is likely to continue the coming weeks after news from the CFO Louis T. Hsieh saying 2019 will probably being a rough year and the
decline of new registrations in the automotive industry likely to continue. Let's see where this goes - no staying foolishly hopeful though!

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