carinatrades

NIO CHANGED MY LIFE

Long
carinatrades Updated   
NYSE:NIO   NIO Inc.
EV is the future and im going all in on the future always that said yay for Chinese Tesla
my strategy is always root for the underdog

Technical Analysis
I am expecting price to react to my supply zone driving itself lower from there to either one of my resistances where I will seek out increasing bullish momentum among the candle sticks to indicate price going higher and from there im expecting sweet stonks stonks stonks as price breaks my supply zone

Fundamental
Despite the transitory slowdown, NIO remains a solid growth company with significant expansion potential and substantial EPS growth prospects, As NIO's revenues continue expanding, its profitability should improve, leading to multiple expansions and a much higher stock price in future years. Source: Seekingalpha

NIO is a sleeping giant and im rooting for her 100%
Comment:
price has reacted to my zone
Comment:
price has hit my 15.84 entry point and I will be confident in this becoz of the auto loan crisis and because the recession is upon us
Comment:
Short tp hit
longs open
Comment:
im sorry forgot to update at 21 august I said im long but
multiple bearish divergences showed up so I was out
buying more positions when there is an alligator cross on the daily

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