NIO Inc.Long
NIO.Inc-ADR The formulation of ascending channel has potential?
Technical analysis :
NIO - Is there potential here, as it was before, and is there something that can be collected. NIO has been part of my portfolio before quite a few times and it has had it's time to shine, but as it is now it's sitting in a very low level, with the recent gains, it might formulate a positive Ascending channel uptrend.
Fundamental Analysis :
NIO is a leading Chinese EV manufacturer, which recently a chieved record delliveries including 20,500 vehicles in Nomvember 2024. with a projected 77% YoY increase for December. With a 470.7$ Million investment and plans to launch four new models in 2025! NIO is positioned for growth based on these metrics. Analysts are projecting 52.71% upside supported by innovations like battery swapping and autonomous services.
Entry : On market open - 4.94$
Target 1: 6.04$
Target 2: 6.88$
Target 3: 7.70
E
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
NIO - Is there potential here, as it was before, and is there something that can be collected. NIO has been part of my portfolio before quite a few times and it has had it's time to shine, but as it is now it's sitting in a very low level, with the recent gains, it might formulate a positive Ascending channel uptrend.
Fundamental Analysis :
NIO is a leading Chinese EV manufacturer, which recently a chieved record delliveries including 20,500 vehicles in Nomvember 2024. with a projected 77% YoY increase for December. With a 470.7$ Million investment and plans to launch four new models in 2025! NIO is positioned for growth based on these metrics. Analysts are projecting 52.71% upside supported by innovations like battery swapping and autonomous services.
Entry : On market open - 4.94$
Target 1: 6.04$
Target 2: 6.88$
Target 3: 7.70
EAs always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Join my Telegram community for Forex trading insights, real-time news, educational content and friendly support. Let's grow and succeed together! -
t.me/Capital55DG
t.me/Capital55DG
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.