This has been a very interesting stock as of lately, Electric revolution is happening and you can see this from the electric car sales growth that NIO has been producing as of late in its monthly report.
In my view the moves are going to be as displayed on the chart. Obvious carry through in bullish momentum will need to be seen next month if the growth in sales figures does indeed follow through too. Long Term this stock is going to boom. I own the stock at around $3-4 dollars a share. It has been on my radar since hitting $1 a share as a speculative stock and obviously by seeing the SP now , it has worked out for quite a handful of people quite well !
This is not financial advice , please consider your own DD and RM.
If you have any questions please ask :) Happy Trading !
In my view the moves are going to be as displayed on the chart. Obvious carry through in bullish momentum will need to be seen next month if the growth in sales figures does indeed follow through too. Long Term this stock is going to boom. I own the stock at around $3-4 dollars a share. It has been on my radar since hitting $1 a share as a speculative stock and obviously by seeing the SP now , it has worked out for quite a handful of people quite well !
This is not financial advice , please consider your own DD and RM.
If you have any questions please ask :) Happy Trading !