NIO in the Electric Vehicles with a China Spin has great potential to be bigger than Tesla, but the price looks to be way out over their skis.
11/17 is earnings, I looks like we're seeing "buy the rumor" and I'm expecting "sell the fact" come 11/18
I'll be watching for a reasonable entry then, and playing QCLN for the long run to win on EV no matter who does.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
11/17 is earnings, I looks like we're seeing "buy the rumor" and I'm expecting "sell the fact" come 11/18
I'll be watching for a reasonable entry then, and playing QCLN for the long run to win on EV no matter who does.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Nota
NIO continued up and spiked again. I'm not sure of why the drop triggered today pre-earnings, but...here it comes. Nota
NIO came down 15% (25% swing high to low), on Friday. Still expecting further descent after earnings this week.Nota
I'm out on NIO. Daniel Pronk did a good youtube video going through the May earnings and comparing vs. TSLA. Looks to be WAY overpriced even if it falls. youtube.com/watch?v=OXn-4gIrnzINota
The earnings report was exceptional. The price barely moved in after hours. We'll see tomorrow. globenewswire.com/news-release/2020/11/17/2128703/0/en/NIO-Inc-Reports-Unaudited-Third-Quarter-2020-Financial-Results.html
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.