NIO Short Term Loss but Long Term Gain

23 בינו׳ 2020

NIO is trying to break its resistance but there is a lot of selling when it breaks above 5 dollars. It still up big time in the past 3 months but needs to stay about 5 to get more eyes on it. China needs electric cars as they have really big pollution problems. They have a rising middle class and a huge population. I think in the long term this could be a potential player.