“There’s no such thing as the goose that lays the golden egg forever.”– Jim Simons
I want to start this post with my last Bullish analysis for NIO on January 2nd, 2021 which is by far one of my best analyses ever:
Then my Short analysis when it was 57, January 30, 2021:
And reviewing the Crash forecast for EV makers in February 2021:
The challenge with no winner, June 30, 2021, when the price was 55:
looking at the NIO performance table you see: 16% weekly, -26% monthly, -19% quarterly, -36% in the past 6 months, and -42% loss in the past trading year!
In other words, anyone who bought the stock in the past year and hold has made a loss..!
My new Target for NIO is 10-12 USD/share in the next 6-12 months!
It may sound crazy, But not for those who follow my NIO analysis in the past trading year..!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
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