$NIO - VERY BEARISH $17-21 Price Target
Technical is very weak with bearish downward channel.
Delisting Risk.
European-China relations are worsening.
NIO heading to IPO on Hong Kong Stock Exchange which will significantly dilute shareholders by issuing new shares to a new IPO.
Delisting Risk.
European-China relations are worsening.
NIO heading to IPO on Hong Kong Stock Exchange which will significantly dilute shareholders by issuing new shares to a new IPO.
Note
Production constraint, semiconductor constraints, increase cost on 2nd gen battery swaps and replacement of 1st gen battery swap, Increase CAPEX on construction of factory. This year will have lots of pressure on the stock price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.