NIO stay away from this stock, every pop had been sold at longer downtrend VWAP, which means every pop is a short squeeze, there is never a genuine buy cycle. Prices are pushed up by shorts cover before earnings to avoid gap risk. Investors are not buying the battery swap narrative, its cool tech but market doesnt need it, end of story.
NIO Don’t get fooled by news what are hyped up about second quarter! Anyone who have been at school at least 1 year can do the math for second quarter itself.. 63k like City is believing/publishing is untouchable at the moment. 63k may come in play at third quarter but not now. What is happening now is just filling the gaps and make people buy air, nothing more or less. After Q2 earnings call we have a new chance to buy low.. who knows how low xD But it’s just my thoughts and opinions.. I have stepped out from any position I had in Nio.. This 3-5$ range could easily last few years.. but if it goes like 2-2.50 then I will consider to buy it again. Trade safe!
NIO cars not selling well, CATL investment is fuzz, if BYD 5 min charger is reliable, battery swap may be fundamentally un-competitive. Do not put your money in this stock.
NIO is literally the AMC of the EVs- someone bail me out of this garbage lmao. Shitty management and diluting shareholders - same story different company.
NIO stay away from this stock, every pop had been sold at longer downtrend VWAP, which means every pop is a short squeeze, there is never a genuine buy cycle. Prices are pushed up by shorts cover before earnings to avoid gap risk. Investors are not buying the battery swap narrative, its cool tech but market doesnt need it, end of story.
