Looking at the total revenue for 2020 and the market cap of almost 76Bil USD and the fact that Nio inc. is not audited by by an America company, i think the stock has still a downside potential right now!
And just to be sure that i am not a Nio bias, this was my first post about it, at 6.98usd, when i bought...
NIO is going higher and higher. This company has significant potential. But the stock seems to be a little bit overbought. It is not a healthy UPTREND. NIO should close the GAP and go back to $58. It could be a good opportunity for buyers.
ENTRY LEVELS LONG:
Congratulations to people who bought NIO stock from BULL signal, enjoy your 1314.96% PROFIT that you made in 7 months!
As of now, there are no sell signals present and EngineeringRobo is bullish.
So, you can wait for EngineeringRobo's sell signals to sell or you can sell at my support level if the candles will reach to it (30.80)
Also, if you haven't bought...
Many get worried when seeing a hype stock like this correct and move sideways as it is now... I on the other hand love times like this. Nio is preparing for a decision, and its direction will quickly be determined with the upcoming price movement as we move toward New Years'.
As we come to a decision point for Nio, we look at a few levels. I'll be watching the...
After a crazy November for EV market and random EV stocks shooting up left and right, we need to say bye to the FOMO on EV and get back to reality.
So here I compare NIO, Xpeng, Li auto -just tried to focus on the main 3 Chinese EV stocks.
As we can see NIO has corrected to the 50 FIB line which is very good for us, the NIO investors, because this is the only way...