One year ago NIO was a 3.5 Billion dollar silent company, Became one of the Hottest stocks of all time and its daily trading value increased 100 times in less than 6 months, then cooled off, and its trading values decreased to 1/10 of its highest days and believers can't accept this reality! NIO has been in discharging stage since January 11th, and can't make its long-term investors happy..! In the next 5 years, you will see how low it could go.
Check what happened to cannabis stocks!
Related past published ideas:
Jan 2, 2021: I prefer to bet on patterns that reoccurring, and NIO has a good reputation in repeated patterns! I believe we will see the new all-time high in January 2021, and the price will surpass the previous all-time high in the first 2 weeks of January..! Around 35% gain in January is my analysis for NIO.
Jan 11th: Trade closed: target reached: +35% in 6 trading days
Jan 30, 2021: No one likes bearish analysis on NIO, but in the last 2 tries it couldn’t breakout and close above the highest channel and it seems it is going to touch its 50 days EMA. 49-50 could be the most important support level. IMO: insure your stock by buying a put option in February 2021
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.