$NIO TOP 20
Added 2023-10-03 09:03:51 +0000 UTCMixed day for the market yesterday, Mega Caps performed well but some fluctuations for many stocks as intraday trading was a bit erratic.
$NIO was showing green in the PM with the majority of stocks but finished the day -2%....I suspect the slightly shorter than expected delivery numbers for September played a part in this, however they did hit their guidance for the quarter.
We are still looking for more signs of reversing here, we are above the 50 Day MA on the 1hr chart but we want to see a series of higher highs and higher lows next now.
$TSLA missed across the board on their earnings report in terms of deliveries and may have put a negative cloud over EV's for now but they still ended green for the day.
However, nothing has changed for us now, we will watch this and see if we can see signs of this moving upward next as projected.
