$NIO TOP 20
Added 2023-11-02 13:15:15 +0000 UTCMoving above the 50 Day MA on the 1hr chart in the PM now, after getting a late rally into the close yesterday along with the market.
It looks like positive optimism is sweeping through the market right now after the majority of earnings reports have come in and the overwhelming majority of them have beaten and are positive.
This is a good and welcomed sign for the market.
$LI and $XPEV are performing well too after holding their crucial levels too......and so has $NIO, staying $7 has been important.
We want to see this above the 50 Day MA at $7.50 and pushing towards the yellow trend line today, a break above this level at $7.80 and holding here would be the positive development we have been waiting a while for.
Comments
The fact that lucid (offering 10k for people to buy their cars and zero demand) and nikola (negative revenue!?) are up the same amount just shows that literally nothing matters in terms of daily news, its all just a rigged game
ES B
2023-11-02 14:30:32 +0000 UTCDon’t encourage him to reduce Nio posts! They are so important (I’m holding way too much Nio)
Chris H
2023-11-02 13:22:28 +0000 UTCLet’s go!
Chris H
2023-11-02 13:22:07 +0000 UTCThere’s news on them laying off 10-20% of its employees as well. This might have also improved the optics since it’s cost cutting
Benson K
2023-11-02 13:21:58 +0000 UTCPleasant surprise! I thought you said you would do NIO only once a week 😇
Shahzadi Jasmin
2023-11-02 13:16:24 +0000 UTC
