$NIO Inc.(NIO)$ If you don't know how to determine a BOTTOM you shouldn't be trading stocks.
If you're counting on a chart to trade this stock, you're barking up the wrong tree and looking at major losses.
NIO is in a final consolidation and accumulation stage. Now is when you buy, not trade. [Cool][Cool][Cool][Cool]
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Comments
They have plenty to sell to whatever price they want.
Stay safe and don't buy up. Buying on dip is still the safer option.
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Once the company is profitable, the share will just shoot up to $15 at an instant.
Nio just needs to sell more cars in the coming months and meet their target for 2025. If don't meet then sellers will come in full force and Nio believers will have to start all over again.
The stock market is very realistic one. Don't perform then down you go.
Nio must focus on meeting target they set. Nothing else matters.
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