NIO Is A BUY - RISKING A LOT ON IT BEFORE $50
Updated
NIO is fundamentally different than Chinese Tech delisting concerns. NIO wants to be more global in the west and listing alone in HK will be a concern for them. Like others, Chinese EV Makers, NIO's upside remains $50+ whereas the downside risk is 20% below EMA100 on weekly. If NIO ever awards $20, I will put all of my money on it. Where as I am holding a large sum of shares at various prices. I am an investor for NIO not a traders so the realized losses do not hurt me for now.
Note
On paper at a loss, but I truly believe this battery swap system is going to work. Buy more, if you can and hold for 2-4 years.
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