How to choose between Two stocks in the same sector?

NASDAQ:TSLA   Tesla, Inc
A comparison between NASDAQ:TSLA and NYSE:NIO

Trader point of view:

Tesla and NIO have a significant positive correlation, which means they will go in the same direction, no matter high or low, they go together!

NIO / Tesla price ratio YTD:
How you can benefit from this?
When NIO / Tesla reaches 0.08, sell NIO , and when it is near 0. 05 Buy NIO

If you are a trader and love to work on volatility , Buyin and Shorting NIO will always be better than Tesla!

Investor point of view:
If you are an investor, investing in tesla would be a better option for you because of lower volatility and better performance! however, I recommend investing in neither Tesla nor NIO .
They both have experienced a decrease in trading volume in 2021, and made lower high patterns in weekly charts:

Comment: Another example:
Apple vs Microsoft
Comment: I use this indicator for correlation: developed by balipour..!
For early access to my trading ideas join my Patreon for (5-15 USD/month):
Send me an email for customized services at


>> << Extremely Point by point video Well I will also say this here , Most people don't understand the concept of " buying the dip " buying the dip is all about buying digital assets when their prices are down and selling off when the price rises just has the current markets is down . Holding is great, although trading is far more profitable. I was able to grasp the knowledge of trading crypto assets early enough, but I was still limited due to my lack of technical under standing of how to analyze the digital market.
+14 Reply
@richardjeffrey I've been losses and losses sir I don't know how to trade crypto please 🙏 can you help me Sir
+1 Reply
Yeah my first investment with Mr Richard earned me profit of over $25,530 ever since then he's been delivering.
He's obviously the best, I invested $2,000 with him and I made a profit of 9101USD.
+1 Reply
@richardjeffrey How do I contact Mr Richard please friends
+1 Reply
@richardjeffrey +/'1/'2/'1/'3/'8/'2/'2/'3/'1/'7/'0

His availability is on WhatsApp
+1 Reply
@richardjeffrey That won't bother you if you trade with a professional like Mr Richard..
+1 Reply
I heard that his strategies are really good.
+1 Reply
For real crypto is profitable 🚀🚀🚀🚀
+1 Reply
Crypto is the new gold 🥇🥇🥇🥇
+1 Reply