SamSuka
The Long Investor
The Long Investor

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$NIO TOP 20

Still in this descending wedge, still above the $7 low and still no announcement about when they will report their earnings.

The price is still staying under the 200 Day MA on the 1hr chart at that elusive $8 level and I think it will continue in this trend until their earnings is reported, the market is too undecided here while the report is still pending.

My plan remains the same here, not doing anything, unless this drops to a new low and I will consider adding again but otherwise, I am happy with my position.

$NIO TOP 20

Comments

Excellent, I did not see this news.

Gareth Neary

Earnings are Dec 5th per their IR website. https://ir.nio.com/news-releases/news-release-details/nio-inc-report-third-quarter-2023-financial-results-tuesday/

Mike N

They did announce earnings date - set for next Tuesday morning US time.

Wei Soo

Didn’t they just announce earnings date? 5th Dec

Zach L


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