Double Top Pattern Target $40.5 - $38.5
H&S pattern - Target $25. Catalyst - Delist Chinese Stocks
I wrote this article because i am often asked if it is late to invest in Nio. I was the one who told you that Nio is undervalued at 7.9 usd: Now i am here to warn you about the potential risk of entering a speculative bubble! The 75B Market Cap of NIO is higher than Daimler, BMW or Audi. By the way, Daimler(known as Mercedes) sold in the Q3 772,700 cars while...
Search Results Featured snippet from the web J.P. Morgan analyst Nick Lai upgraded the stock of Chinese electric-vehicle maker NIO to Buy from Hold on Wednesday, taking his price target all the way to $40 from $14. That is double NIO's average price over the past month and nearly double where the stock was trading before the bullish call. SHORT TITLE : SELL...
NIO is gearing up to offer 75 million additional shares in order to raise additional funds. NIO expects to raise around $1.4 billion through this offering. If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
With all gaps down and NIO way overbought on HTFs I wouldn't be surprised to see NIO dump. With all the stock markets look ready to start crashing down over the next few months NIO could easily hit the daily POC $3.94
With most of China on lock down due to the corona virus there is no way that NIO could be profitable at this point in time. $TSLA reported strong earnings and people are looking to buy $NIO due $TSLA being strong for EV as a whole. However, NIO is unable to transport vehicle due to road blockages, employees are stuck at home, they have a $100 million bond...
RSI Overbought Rising Wedge - Short NIO
NIO is probably a good buy, long term. But short term, I'm seeing nice profit off my NIO short term puts. NIO could turn out to be the buy of the century... at $2.80 :) We can see here, NIO is coming to the end of the wedge it began forming on April 1. The price (and market in general) was pumped up in the last 10 minutes of trading today by algo panic buying,...