Short

NIO to trend before up

Updated

As much as we all LOVE NIO, markets do what they do - unless social media groups get involved #wsb - and in NIO’s case, I’m expecting a trend line touch as the RSI(14) hasn’t hit 50% yet.

NIO reports early in Feb on delivery’s. Hoping for 7k+. 10k would be amazing...

Note

NIO delivered 7,225 vehicles in January 2021, increasing by 352.1% year-over-year
• Cumulative deliveries of ES8, ES6 and EC6 as of January 31, 2021 reached 82,866

NIO also opens new manufacturing plant over the weekend! Come on NIO!

Note

We’ve finally made it to the trend line!

Key dates:
- Feb 19 - Options expire
- Mar 9 - Earnings report

pipinsight

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