I think NIO is moving up along the lines towards next volume nest at ~ 53.3, little bit more money going it (~20%) and it should reach it in the next 2 wks. Will coincide with NIO day in Jan? Any comments?
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gosh, i did not buy the dip today. is it finally moving up in the channel or headfake?
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its moving up nicely in very short term 3-5min, though 15min-1hr its still oversold, so it has a way to go. start of reversal up is today. money flowing into evs again? anyone can confirm? i see no news to move the stock besides of money flow. Or?
I would say the same, RSI (in daily) confirm that trend too.
koshi77
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@James_Mcqueen, thanks. Any explanation of todays price action on EVs? nio, xpev, li all moving down heavily. no news. Just end of the year tax selling?
Willy_ta
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@koshi77, I cannot confirm that! But what I can clearly see is that NIO is less impacted than xpev and li! It would mean (for me) that NIO shows that he is still the pioneer of Chinese EVs (better for long-term).