To The Moon

Palantir was a big AI winner and then August started. Now its stock is in free fall and could be headed lower.Palantir stock has fallen 8.75% to $15.55 on Wednesday, its lowest level since November 2022. With that decline, shares are now below their 50-day moving average, at $16.16, for the first time May. A lot of technical damage has been done. It's broken its uptrend line, which sat around $17, and its first level of support, near $16. Worse still, the stock has fallen for six straight days and is 22% during its losing streak, the worst six-day stretch since May 2022.

$FTSE China Bear 3X Shares(YANG)$ That epic flush down a few days ago, was a great, but painful, time to add. :). Holding 3K @ $11.38 ave.$ProShares Short Bitcoin Strategy ETF(BITI)$ , my second largest holding, will be great within the next 2 weeks,$2X Long VIX Futures ETF(UVIX)$ also. We are getting VERY close. MIGHT be the time to leg in over the next few trading days, IF you believe that January will be very bloody.

Analysts have a Moderate Buy consensus rating on NIO alongside an average price target of $16.31

Morgan Stanley maintained a positive opinion on Nio Inc. (NYSE:NIO) despite a lowered Q4 delivery fo

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