zab1e

zab1e

So many bears around but I remain positive. Triple bottom. RSI turning over Institutional Owners = 814 So much good news from Nio this year

zab1e

With so much positive news how much longer can they keep down the stock price. Besides getting funding, several new developments can help accelerate Nio's sales. 1. Nio to set up battery asset management company & CATL to be one of investors. So far, Nio has built 137 battery replacement stations, covering 61 cities across China. cntechpost.com 2. Chinese Govt(...

zab1e

Today's volume was 440mil! 🤩 Not sure if it had something to do with news yesterday about NIO purchasing a new factory - that's really good for the LT.

zab1e

I am ok with some healthy consolidation but NIO still looks like it has more power. Today's volume was 440mil! 🤩 Not sure if it had something to do with news yesterday about NIO purchasing a new factory - that's really good for the LT.

zab1e

I have been holding NIO since the $2's and with fundamentals improving for the company and China's economy recovering fast, the stock price will continue its upward movement, of course with a bit of healthy consolidation. So far so good!

zab1e

Nio is showing amazing strength. The weekly chart looks great!

zab1e

Target price - Whatever the height of the cup is, add that height to the breakout point of the handle. - Approx $8.50

zab1e

The sales numbers to be released this week are going to push NIO up further. Hold.

zab1e

Holding long term.

zab1e

NIO expecting funding news very soon. New models recently launched high end EC8 (new range of 580km) and the economy model Hycan China sales improving.

zab1e Updated 

LT still bullish.

zab1e

LT still bullish