NIO Inc.
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Known price manipulators are talking trash,get ready for takeoff

Right before NIO went down from 4.x to 1.x Citi and others where screaming to BUY....Right before(3 or so month ) bitcoin took off to its 19K high Jemie Dimon of JP Morgan said on television that Bitcoin is trash causing Bitcoin to go down even deeper (during China FUD) and at the same time JPmorgan placed an order to by bunch of Bitcoin... for the past week or so lots on ANALists are calling NIO "TESLA WANNA BE", "NIO is crashing -went down 2.5%... CITI downgraded NIO to sell....NiO is getting compared to returns of TESLA -showing how bad NIO is today compare to TESLA...Blumberg is also adding fuel to the fire....IT is seems to me that we are facing potential move of NIO to the higher levels in a relatively short time .I can be wrong but media along with ANALists are trying too hard to create an illusion of NIO being really bad investment possibly because they are having an interest in it and see potential and trying to move the price down so they can get in at the cheaper price. I am highly doubt that Chinese are going to spend over a billion dollars to support company with out high probability of high return on their investment. If we see a dip it will be relatively short and we can potentially see NIO having strong support on or above $5 .I can be wrong ,time will tell,but I am not going to be surprise if we see NIO trading around $8-$10 this year .
NIOteslaTrend Analysis

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