Same reasoning as the last time. Market also trending down and RSI through the roof
NYSE:NIO has been popular over the last week, lots of hype on this one.... BUT can we trade the HYPE? Let's see! Looking like a buy setup on the lower time frames!
NIO the chinese Tesla for now is a sell...
PEP announces earnings on Tuesday before market open; COST, on Thursday, after. Neither presents a particularly compelling earnings announcement-related volatility contraction play, with PEP's rank/30-day implied coming in at 30/18, and COST's at 35/23. With Brazilian elections taking place a week from today (October 7th), it seems to me that an EWZ play is in...
NIO's IPO was welcomed with much fan fare but has weak since close of its second day trading. I'm watching a tight 4hr pattern here, but coming across some fundamental information has me leaning bearish on this stock. As for the fundamental news, the author of the article linked below poses the $12 billion question: "A question. Is the untested EV startup NIO...
Company Summary It has been stated that NIO's mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO, which translates to “Blue Sky Coming” in its Chinese name, originated from NIO's vision of a future filled with blue skies. NIO believes that improved smart electric car technologies, coupled...
With the recent hype on NIO INC IPO, retailers are putting their eyes on this counter. It was easier to trade on the Initial 2 days as the buyer demands were quite obvious. Now comes the tricky part after the 3rd day of trading. Huge sell off took place which causes the counter to halt twice within the 10 mins - 15mins. So what's next? The potential growth of...
This is a high risk play and not recommended to be chased after. I would see a long opportunity if this wedge is broken to the upside and when we see a throwback retest that continues upwards to $20.
This was released under IPO price. Im long @ 5.99. Tesla competitor and much more involved with this company, just no need to go into much detail. Cant beat under IPO price, and huge long term possibilities with this company. They may be the first producers of an affordable electric car to start. This is high risk, as noone knows what could happen. I have a...