Long NIO-news on entering Norway, potential expanding margins
Watch for slight downward movement due to volatile mkt these few days, NIO if drop below $41.50 and $40, may go further down to $36-38 range. there is heavy support at $32-34. So do watch for some price action drop and Buy if you intend to hold and have positive outlook for the EV industry. After all, China is the world's largest EV market and NIO still has potential to grow locally and overseas too.
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