EV is the future and im going all in on the future always that said yay for Chinese Tesla my strategy is always root for the underdog
Technical Analysis I am expecting price to react to my supply zone driving itself lower from there to either one of my resistances where I will seek out increasing bullish momentum among the candle sticks to indicate price going higher and from there im expecting sweet stonks stonks stonks as price breaks my supply zone
Fundamental Despite the transitory slowdown, NIO remains a solid growth company with significant expansion potential and substantial EPS growth prospects, As NIO's revenues continue expanding, its profitability should improve, leading to multiple expansions and a much higher stock price in future years. Source: Seekingalpha
NIO is a sleeping giant and im rooting for her 100%
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price has reacted to my zone
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price has hit my 15.84 entry point and I will be confident in this becoz of the auto loan crisis and because the recession is upon us
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Short tp hit longs open
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im sorry forgot to update at 21 august I said im long but multiple bearish divergences showed up so I was out buying more positions when there is an alligator cross on the daily
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