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Moshkelgosha
Jan 31, 2021 3:12 AM

Correction in NIO seems inevitable..! Short

NIO Inc.NYSE

Description

No one like bearish analysis on NIO, but in the last 2 tries it couldn’t breakout and close above the highest channel and it seems it is going to touch its 50 days EMA.
49-50 could be most important support level.
IMO: insure your stock with buying put option in February 2021

Comment

-27% in one month
Comments
randlox
Monday or tuesday you are seeing a catalyst in that NIO will publish delivery numbers for January and it's extremely likely it's gonna be absolut awesome numbers.
knowndesert
@randlox,i agree however after that it could come down as it hasn't corrected from all time highs then when q4 comes out it is likely to explode
not financial advice
artur144212
Wow that's perfect analysis
RobFlorio
how do u get into bear state of mind to protect your money? leave it and buy even lower?
Rossie19
Good work. Keep it up
vik0q
yes this is coming down
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