$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ I see a lot of uncertainty surrounding NIO right now, especially with some longer-term bearish signals still in play. However, for those of us with a high-risk tolerance, this could be a prime opportunity to jump in early. The near-term technicals look quite promising; the chart, moving averages, and various indicators are all pointing bullish for the stock.

That said, I can’t ignore the fact that the stock is still in a downtrend over the long term, even with some positive signals from those moving averages. Fundamentally, though, I think NIO is a steal right now, especially considering how its price-to-sales ratio has plummeted in recent years. With the business starting to show growth again and China's economic outlook improving, I believe the stock is undervalued compared to its potential.

Given the lingering uncertainties, I think NIO is a solid buy for those of us willing to take on more risk in pursuit of higher rewards. It feels like a gamble, but one that could pay off handsomely if the company continues on its upward trajectory!