Blog
NIO Inc
- 2020-08-24
- Traiding Idea
NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles. NIO is Tesla's Chinese competitor.
The company has a market cap of $ 15.7 billion. Fundamentally, it has performed very well over the past year.
Technically, the price is squeezing inside the triangle.
Summary of analysis and signal :
Active
Entry point: 14.12
stop-loss: 12
Take profit 1: 17
Take profit 2: 20
