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Bullish trend for NIO

Long
NIO Inc. (NYSE:NIO)  
coldsteel_trading  
NYSE:NIO   NIO Inc.
Trend Analysis Fundamental Analysis
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trendanalysis fundamental
Fundamental analysis
1. The stock is still fundamentally cheap
2. Analyst consensus target price: 60 (12% upside potential)
3. Positive Momentum rating of 96 (1-100)

Technical analysis
1. Positive Trend
2. Volume is growing
3. Support of the MA-30
4. Short term target: 60 / Target 2021: 100
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