While everyone has their eyes on $NIO, lets not get blindsided by the other stocks we said we would watch this week and potentially fall into our buy areas.
$PLTR being one. Price has again rejected at the 50 Day MA this week and about to test the bottom of this bear channel again....we want to see the price break down from this channel and start moving towards the area we have been waiting for since July, between $13 - $11.30.
Like I said when $NIO hits $9, I will be buying $PLTR in this area too.
Far too much noise is going on about $NIO lately and quite frankly I am disappointed about it, it is a high growth stock and this comes with volatility, the price is now $0.22c away from our planned buy level and a lot of people are speaking as though this is some sort of a surprise to see the price here.