Nio has not shown any profitable signs yet. with the 954% steep growth in 2020, it is expected to have a drop in share price due to oversold. Additionally, Hillhouse has also terminated its position in NIO. As for now, with such overvalued price in contrast with the fair value, do we wait for it to drop a lil more? or is it time to buy? or sell it for a short-term...
what are your thoughts?
with the current nasdaq drop in the correction zone, will it still drop before flying to the moon?
alternatively, with the US stimulus package given to the high-income group in the US, which increases disposable income, will it fly to the moon immediately?
let me know in the comments hahaha im open up for any ideas or discussions hehe
strong sign of oversold. price will bounce back and fly to the moon. there were strong resistance and supports earlier and a downward breakout zone happened ad it was about 50/50 chance where the price will shoot or drop. hence its tough to identify the following price movement. However as for now it has an indication of steep decline, which will probably have a...
my first ever stock analysis after learning about support and resistance lines. Not a professional, just a rookie sharing idea. Feel free to comment for feedback. Thanks!
currently in a downward trend but showing strong resistance as downtrend resistance point has been hit 3 times.
waiting for the price to touch the support level below before shooting back up...
