If you have been following the EV movement even slightly, you have probably heard about Nio as it's been on a 15% rally over the last week alone. Well today we are down roughly 7% and just hit 2 key bounce levels on the 1 day chart.
With the new Biden administration, China become an even bigger power house, and EV's becoming the household talk of the future more and more....Nio is looking like a good bet moving forward.