Market front runner industry (EV makers)seems exhausted ..!
Updated
Without any doubt EV makers and their investors were the winners of market since March 20th, 2020.
But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed.
IMO: Future belongs to clean energy companies, but in short-mid term we will experience a correction at least in the ticker symbols with +1000-2000% gains.
Since most new traders and investors get involved in EV rush in the past year, there is a strong feeling of market crash..!
We shouldn’t forget price corrections between 30-50% is quite common among the front runner EV makers, it happened before, so there is a high chance of reoccurrence!
Please take your time and review my previous analysis on WORKHORSE, TESLA, NIO,...
Moshkelgosha
But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed.
IMO: Future belongs to clean energy companies, but in short-mid term we will experience a correction at least in the ticker symbols with +1000-2000% gains.
Since most new traders and investors get involved in EV rush in the past year, there is a strong feeling of market crash..!
We shouldn’t forget price corrections between 30-50% is quite common among the front runner EV makers, it happened before, so there is a high chance of reoccurrence!
Please take your time and review my previous analysis on WORKHORSE, TESLA, NIO,...
Moshkelgosha
Trade active
Almost all of them finished the week in lower prices..!Trade active
Sniper grade job, 10 out of 10 negative..!Trade active
NIO COULD SINK TO 38-40Note
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