SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

$NIO continues to move sideways here, above the 0.38 Fib and just sitting on the blue support line at $5.30, we still can't rule out a flush down to $4.81 or the 50 Day MA before a bounce to move higher.

Losing the 50 Day MA would not be a good look here.

$NIO reported 4400 numbers today which is one track to hit their 20,000 a month target for May.

More of this is needed but I also need them to announce when their earnings date will be released.

$NIO TOP 20

Comments

Lots of informal rumours that Earnings will be released on Weds 29th May.

Karl

Good, finally numbers are improving

Chris H


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