yah, buying in now would be like catching a falling knife as the price seems to be in a continuous downtrend.
@Keihira：$NIO Inc.(NIO)$Today is the best day for a rebound for EVs, especially for the Chinese shares. However, someone has to ruin the party. And the person this time is Powell. Another topic about inflation. She was so persistent about having to adjust rates, seeing prices rise at a rapid speed. However, the pandemic is ongoing, needless to say, it is far from over. If the market is going to be defeated by Powell herself, then everyday will be a selling day. No one would ever put their confidence in the US market. As a summary, Chinese shares listed on the board in US faces the following. 1. Regulatory measures in China. 2. Delisting pressures. 3. Rates adjustments from the Federal Reserve. 4. Huge competition from other EV companies. No matter how strong the portfolio looks, there is nothing more stronger than a negative remark. I may not buy-in into all other Chinese shares as of now as I felt the pessimistic sentiment in the US market is as strong as what is showing as of now. Don't ever try telling other investors how strong the share could be, because the bulls are short-lived than the bears, even like Tesla itself. A pre-open of a 10% rise could end up closing only 3%. Sad to say, if you want to invest in NIO for now, go for the HK NIO, not this, as yet. 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.
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