After the double bottom a few months ago, nothing major has happened on NIO chart that I can see. With increasing competition, IDK how the company will fair if it can't increase deliveries.
"Over the course of the year, the penny stock has been in a free fall. In fact, it has lost as much as 80% in value so far. According to analysts, the economic slowdown in China and muted domestic demand for premium electric vehicles has hurt the company considerably. On the other hand, the weakening delivery figures are a major red flag. That’s considering the fact that the electric vehicle industry is totally dependent on raising the delivery volumes progressively."
From PennyStocks.com - Penny Stocks To Buy Or Sell: Nio Inc. (NIO)
"Over the course of the year, the penny stock has been in a free fall. In fact, it has lost as much as 80% in value so far. According to analysts, the economic slowdown in China and muted domestic demand for premium electric vehicles has hurt the company considerably. On the other hand, the weakening delivery figures are a major red flag. That’s considering the fact that the electric vehicle industry is totally dependent on raising the delivery volumes progressively."
From PennyStocks.com - Penny Stocks To Buy Or Sell: Nio Inc. (NIO)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。