$NIO TOP 20
Added 2023-11-08 11:23:10 +0000 UTCInteresting day yesterday for $NIO, pulled back to the 0.618 Fib we spoke about before the market opened and so far has found support here, which is also where the 50 Day MA is and the wedge trend line.
We are seeing a lot of weakness in the PM now for $LI (-3.5%) $XPEV (-5%) and $LCID (-4.5%) but $NIO is -1.4% and staying above the low from yesterday.
Us bulls want $NIO to stay above the wedge to give this a chance of reversing to the upside soon....a break down and like I said yesterday, its back down into the buy zone again.
Comments
Thanks very much, appreciate it.
John Treasurer
2023-11-08 19:34:00 +0000 UTCYes, will add this tomorrow, I have added this before but it has been some time ago at this stage
Gareth Neary
2023-11-08 19:16:41 +0000 UTCAre you able to extend your NIO chart as it’s not shown any projections since your chart broke down. I appreciate this is a long term hold, however it would be good to see where you see it going short/medium term. Thank you.
John Treasurer
2023-11-08 19:15:17 +0000 UTCThe company recorded a record 55k deliveries last quarter. I think that will be good for some margin improvement….
Blake O
2023-11-08 11:41:47 +0000 UTCNIO is going below 5 after earnings. Earnings going to fall way short of what they said on the last call. Usual overpromise and under deliver. Textbook William Li. Qtr after qtr after qtr
MK
2023-11-08 11:26:37 +0000 UTCThanks cap
Pat K
2023-11-08 11:24:35 +0000 UTC
