Marico Samuel
05-22

$NIO Inc.(NIO)$ Breakout is imminent!

Nio is holding up pretty good.

Consolidation looks good. Peers have shown good numbers.

Citi Bank showing a double from here. Overseas is showing a nice rebound tonight. Guessing a tight to upwards swing into Q1 report.

Guidance and margins will be key. We already know Nio has reduced costs that will show up in Q2.

Bulls are supporting the stock at 4.00 bucks a share.

Sell side is done but they never got the memo.

They are still trying to steal shares from frustrated longs.

Sleep good tonight. [Grin][Grin][Grin]

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Comments

  • AnaiAnai
    05-22
    AnaiAnai
    Broke out from 3.xx to 4.xx then breakdown from 4.xx to 3.xx. More like a merry go round up down up down. Once at bottom it goes up and once it is at the top it will go down. That's normal for Nio. No surprise at all.
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