Alex Vieira Forecasts MASS SUICIDE among NIO Short-sellers!
Our existing Leaps on NIO has gone deep ITM, book half profits on existing Leaps as NIO is the near term could be making a wave (iv) corrective pullback into $10. On the larger time frame, NIO is still targeting the wave (C) upside that could reach $25.
NIO is currently making a pullback into 5.60 level before setting up for another move higher into wave (v) targeting the 10 range. Looking to hold on to our longer term Leaps on NIO for a completion of this 5 impulse wave higher into wave D.
Everyone's been talking about $NIO for the past 18 months.... first, it was China's Tesla... second, it was going to go bankrupt... now, everyone is bullish on the stock again. It's been on a tear of late! I love the company, love the tech, love the CEO... and currently loving the stock. That can change in a jiffy of course but let's enjoy this moment =D
W-Bottom to test the previous highest point ~$3.35
I own NIO, so I may be bias about this and things I say regardless shouldn't be taken at face value. That being said, NIO is a relatively low cost stock for a corporation that is competing in the electronic vehicles industry. True, that they are mostly Chinese based, however this doesn't change marketcap potential. Even though the stock been mostly negative...
Please click like and follow me if enjoy my posts! :) Due to the whole market meltdown, NIO has retraced back to Fib 0.786 lvl early this week. However, it has since then rebounded strongly and is currently fighting the resistance lvl. Barring the continuing worsened market condition, I believe NIO's distribution cycle is nearly over. The current bargain...
Alex Vieira Urges Buying Millions of NIO Shares. He upgraded the stock to Strong-Buy at $1.6 after calling the crash. He also upgraded Tesla to Strong Buy $179 urging to acquire a massive investment
NIO LONG ENTRY ENTRY 1 4.02 ENTRY 2 3.02 SL 2.00 TP.1 5.50 TP.2 7.50 TP.3 9.20
NIO LONG ENTRY ENTRY 1 4.02 ENTRY 2 3.02 SL 2.00 TP.1 5.50 TP.2 7.50 TP.3 9.20