Long on $Nio
A long NYSE:NIO Idea driven by intuition but needs some patience - Share your ideas with me!
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Key stats
About NIO Inc.
Sector
Industry
CEO
Bin Li
Website
Headquarters
Jiading
Founded
2014
ISIN
ARBCOM4603R8
NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Bin Li and Li Hong Qin on November 28, 2014 and is headquartered in Jiading, China.
NIO Shares Surged Over 9% on Sales Growth ExpectationsNIO Shares Surged Over 9% on Sales Growth Expectations
As evidenced by the NIO stock price chart, yesterday's trading closed at $4.93, while today the NIO share price is around $5.40, indicating an increase of over 9%.
According to MarketWatch, the rise is driven by expectations that the Chinese
Taking long after pullback* RSI heavily overbought 4h tf
* VOLUME starting to cool off
* Pullback after impulse!
NIO: Great Investment, or a Flop?My attention has for the moment been directed towards NIO thanks to Morgan Stanley’s recent purchase of 10M shares, raising their investment value by 55% to over 28M shares, whilst simultaneously setting a near 100% upside 1Y price target to $10 per share. Ahead of NIO’s June 6 earnings report for 1
NIONIO : buy
Open: 4.90
SL: 3
TP: 10
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NIO, Inc. is a leading holding company specializing in the development, manufacturing, and distribution of electric vehicles (EVs). Founded by Bin Li and Li Hong Qin on November 28, 2014, the company is headquartered in Jiading, China
Nio Speculationfor the nex WeeksPotential move for the next 3 Weeks
Volume: A significant volume bar indicates the most recent price drop and signals a potential capitulation phase.
Not Fininacial Advice
NIO | Nio inc Key levels NIO | Nio inc Key levels NYSE:NIO
Nio will remain bullish above $5
Bottom support is $3.19 below $5
BottomingWe are failing to correct the rise since mid April. This pattern may become a cup and handle like one with a good upward potential when we can exceed the March top.
NIO 8 AFTER EARNINGS !! NYSE:NIO
Record Delivery Expectations: NIO shares soared over 9%, hitting $5.40 on record delivery expectations. Analysts foresee surpassing last year's high due to discounts. This indicates a positive market response to NIO's potential performance, which could lead to a higher stock price.
Ma
Cup and handle on NioCould this be relevant for the next move?
The good news on the Chinese EV market could send NIO up one more time.
USA EV seems stuck on environmental issues.
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