NIO confirmed to be above $40 as of 6/2/2021. 14 days after post.
They_Call_Me_Smarty
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So what happens if on June 6th NIO reports an increase in deliveries month over month and year over year? which is a safe bet. Further what happens if NIO announces a crazy high number of ET7 pre orders? In that case your $40 call is a straight pass through and correct. Im trying to balance technical with fundamental analysis. I found your views credible.
awolvy0
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@They_Call_Me_Smarty, You know the markets are driven by emotion buyers and sellers. Even with rosy aspects of increase deliveries, the stock can still tank. Take FA and TA with a grain of salt because we can only go by what the prices are doing at any point in time. I'm a trend trader and I think NIO has positive outlook this year going forward. NFA