NIO: Potential to Continue Upside
-June 1, 2021 reports of 95% annual increase in May deliveries
-Intent to accelerate June 2021 deliveries and increase in Q2 figures
-Raised to "Buy" from "Neutral" via Citi
-Technicals reflect potential of golden cross
-May see short periods of consolidation before reclaiming higher price shelves
-KL's of support and resistance are identified acutely
-June 1, 2021 reports of 95% annual increase in May deliveries
-Intent to accelerate June 2021 deliveries and increase in Q2 figures
-Raised to "Buy" from "Neutral" via Citi
-Technicals reflect potential of golden cross
-May see short periods of consolidation before reclaiming higher price shelves
-KL's of support and resistance are identified acutely