$NIO TOP 20
Added 2024-07-08 16:40:02 +0000 UTCSo far we have a rejection trying to get out of the channel and the 50 Day MA and the price is just sitting on the 0.618 Fib now.
The CFO stepping down may have delayed the recovery and the HSI has not started the week off healthy yet, as the week continues, we would like to see this turned around.
The 50 Day MA needs to be recaptured to feel like there is movement towards a reversal.
Comments
CEO said presale was much higher than anticipated so unless he’s lying I’ll assume it’s a success. Sales have continued to grow on a consistent and impressive basis year over year since Nio became a company, not sure why folks just assume that will stop especially as EV adoption continues to expand rapidly
ES B
2024-07-08 18:27:46 +0000 UTCDo we know that Onvo will be a huge success, or just assuming? It will definitely be capital intensive. And we really need to back up the record quarter on a consistent basis. I hope we can, but currently unproven IMO
Steve Cullip
2024-07-08 18:01:15 +0000 UTCInteresting how the market overlooks a record quarter and the onvo release for the cfo who was terrible at his job
ES B
2024-07-08 17:04:20 +0000 UTC
