NIO has an average volume of 44489300. This is a good sign as it is always nice to have a liquid stock.
NIO Started a small size at 10.08 average. We are starting to build a base at the $10. The overall trend is still down, so if it breaks $10 we'll see 9.42 area as support, below that is $9. Like previous post, I don't see this going below $9 unless the whole market tanks. End of october we based and popped, end of december we based and popped. PT short term $12-$13 IMO.
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.
Up
K