Tesla look out
$NIO Inc(NIO.US$ opens with a generous gap up from yesterday and continued to climb. With China easing off COVID restrictions and stocks rising can we expect this trend to continue? If this rally continues, how high do you expect NIO to go by the end of the year? 15 USD? 20 USD? 50 USD? Leave a comment below let me know!
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Azler C : Most probably 15 +\-
SpinosaurusOP Azler C: yeah kinda what I am thinking. I feel like most of the reasons Tesla is trading so high is it popularity. Comparing it to traditional car manufacturers and even EV manufactures like NIO, Xpeng, etc most are around the 15 - 20 +/- USD.
Lovely_Moo : I think it would be around 15-20. But beware of few bull traps along the way.
SpinosaurusOP Lovely_Moo: yeah that's my biggest hold back right now.
whqqq Lovely_Moo: What bull traps are there?
Lovely_Moo whqqq: There isn't one so far (surprisingly)... could it be today?
Lovely_Moo whqqq: Yes, it is dropping today. Brace yourself till it stops...