SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

Bulls have not been stepping in for $NIO in any regard now and this is being seen across the sector too.

JP Morgan analyst downgrades $NIO to $5 and it sinks -7%, this may be some game playing leading up to earnings on the 5th of March but this has certainly delayed any reversal for now and we can expect a drift down through this descending wedge until earnings now.

I am not expecting much to happen here until then.

$NIO TOP 20

Comments

This has been absolutely the worst investment of my life.

Steven

The gap would be an area of interest but as long as it stays within the wedge, it can continue to drift down.

Gareth Neary

Lets hope it holds 5.38

Vojtěch Šimeček

Do you have a bottom insight for $NIO?

Charles D

One cant be patient enough with nio. I imagine people holding on to this since it was 66 and its been 3 years now.

NalaikPanda


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