If you didn't expect a pullback soon, you must have been dreaming. You can't go up 20% in a few days and not expect some kind of pullback. This is very healthy and a good time to start adding on this dip. It may dip a bit more, but this upward trend over the last month is your friend. The trend is your friend. Blue skies are coming. Battery day is in another week, and there doesn't appear to be a slowdown in demand. Shorters are just shorting, because they saw the quick rise. Smart ones will be covering very soon and catching the next wave. In the meantime, go fish or golf and wait for earnings and future projections. This is hitting all the EV's today but NIO a bit more, because NIO rose a bit faster.$NIO Inc.(NIO)$
Comments