AS we can see nio LOOKS LIKE A BUBBLE...but it isn't WHY?
lets break it down the my chart is basically saying there will be a SELL OFF but it will go right back up and even higher people are going to either sell half or less maybe 20-30% of there positions to lock in there investment and let the other half that they made run...
ALSO
NIO its now back by the PRC and if you guys or girls don't know what's going on in china well here the basic CHINA IS NOW NUMBER 2 IN THE WORLD... and it wants to be NUMBER 1.. on ALLLLLLL FRONTS. the Chinese government just wants to say hey world we got an electric car company BETTER then #TSLA IN 2ND place and kinda 3RD too IS POPULATION and well china has a lot...not only do they have a lot of people (potential buyers) the people in china are well RICH AF Chinese new million air are so many in china its just crazy... AND YES THEY PROBABLY OWN A TESLA, AND THEY WILL PROBABLY OWN AN NIO CAR TOO
this stock going to the moon baby buy in either now or at dips when people feel like they have made enough and want to sell some of there positions that when you will see some dips in the market in the next few weeks-month
options buy them out of the money calls baby for like 20+ LONG EXP OPTIONS
トレード稼働中
as expected the sell off happen its back down to the first key lv 13.85 this week its gonna be a tuff call to either grab some now or wait till its in the golden zone 11.50-13 bucks before we see FOMO and people who feel like this is already a sell off
トレード稼働中
woot woot loaded in at 13 well see how this goes at the end of the month till then see you folks on the flip side
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load some at 10.50 to average down since I did grab some at 13 just seen 21million volume just happen this moring hope to see it go back to 15 end of the week
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dammm what a crazy week so far. china vs us trade wars..... and then nio just keep releasing good news about how their company sells with new ec6 with an also new suv soooo tough to decide on is it safe for the long term or not..
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quick update WE ARE NOW GETTING READY TO ROCKET TO THE MOON LOL