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pipinsight
Jan 30, 2021 7:15 PM

NIO to trend before up Short

NIO Inc.NYSE

Description

As much as we all LOVE NIO, markets do what they do - unless social media groups get involved #wsb - and in NIO’s case, I’m expecting a trend line touch as the RSI(14) hasn’t hit 50% yet.

NIO reports early in Feb on delivery’s. Hoping for 7k+. 10k would be amazing...

Comment

NIO delivered 7,225 vehicles in January 2021, increasing by 352.1% year-over-year
• Cumulative deliveries of ES8, ES6 and EC6 as of January 31, 2021 reached 82,866

NIO also opens new manufacturing plant over the weekend! Come on NIO!

Comment

We’ve finally made it to the trend line!

Key dates:
- Feb 19 - Options expire
- Mar 9 - Earnings report

Comments
pipinsight
Well, got that completely wrong... Who would have thought the EV market would have been hit with chip manufacturing difficulties which limited production! At this time, it doesnt make much sense to see a price rise on NIO until after summer.
pipinsight
NIO is rising!
pipinsight
XPeng delivers 6015 EV's in January, up 470% YoY ... looking good for the EV market!
haddexonefulla
Thanks for the tip!
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