If you didn't expect a pullback soon, you must have been dreaming.

wubbix
2021-07-02

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.$NIO Inc.(NIO)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment