$NIO Inc.(NIO)$ $NIO-SW(09866)$ We nailed it and managed to catch the bottom. Let’s see how we’ll break the $5 mark this week. It was a tough day, but we made it, team. Things are challenging at the moment, but we remain bullish. From a Chinese perspective NIO will eventually do well. Their heavy R&D, extensive power solutions are assets. All of this will come to fruition. Let’s wait: if we close above $4.8, the reversal will be confirmed, and the target will then be $7.
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