Long Nio
Solid Company, Strong backing and we got some great supports At this area.
Long at 5.80s, stoploss 5.30s, take profit 7.98s.
I have seen this stock bounce around this area multiple times, and ran up. it's a luxury car company in china, with strong backing from Tencent(they are like Berkshire capital of china) as they own 20% stake.
This is the same company that once saved ATVI back in the days when it was a just some under $15 stock and infused them with enough cash to make them the gaming giant they are now.
I highly doubt Nio is going to under soon. They are the closest to competitor to Tesla in china.
Long at 5.80s, stoploss 5.30s, take profit 7.98s.
I have seen this stock bounce around this area multiple times, and ran up. it's a luxury car company in china, with strong backing from Tencent(they are like Berkshire capital of china) as they own 20% stake.
This is the same company that once saved ATVI back in the days when it was a just some under $15 stock and infused them with enough cash to make them the gaming giant they are now.
I highly doubt Nio is going to under soon. They are the closest to competitor to Tesla in china.
Nota
Add position at the $5.40, ultimate support at 5.35.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.com/
Free Newsletter --> diywallst.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.