NIO was already a great price even before its earnings report. The earnings report sent it soaring higher, but based on the earnings outlook, it still may have room to climb. I think the stock could see $5 per share soon. However, first it will probably pull back this week toward 70 RSI. I'll be buying the dip and looking for a move higher. This is a swing trade, not a buy and hold, because the company hasn't turned a profit yet.
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I picked up some shares at 3.80 and will buy more if it continues to dip.Trading ditutup secara manual
The technical analysis on this one remains solid, but I change my mind about playing it. I don't like owning a company that hasn't turned a profit, even for a swing trade.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.