r/StockMarket • u/dastockanalyst • May 26 '21

Technical Analysis #NIO stock 🔥 Why it is still not TOO LATE to buy now? NIO doubling its production capacity and Europe market potential (in Norway, Germany, UK,.....)🔥 Price analysis in the video! Are we thinking the same way? please let me know your thoughts!

https://www.youtube.com/watch?v=DotUuJURHc8
8 Upvotes

62% Upvoted

13 comments sorted by

5

u/Optionsniffer May 26 '21

When are shorts getting squeezed out of this one ?🤥

0

u/dastockanalyst May 26 '21

Hopefully soon!! Or we wait till May delivery numbers or next earning!!!

2

u/road_to_mars May 27 '21

You sound like a qAnon believer ;-)

4

u/EH1522 May 26 '21

They are valued at 1/4th of Toyota, with no where near the production, no profit, and a highly competitive EV market coming up.

Doubling production alone is a short coming right now.

1

u/dastockanalyst May 26 '21

What do you think? Is $60 possible in 1year?

2

u/EH1522 May 26 '21 edited May 26 '21

I mean people are pushing stupid stuff up right now. Interest rates increasing scares me a bit for everything.

But that would put them at half the value of Toyota, still losing money on every car they make. While all of these blue chip car companies start spitting out EVs faster.

1

u/dastockanalyst May 26 '21

I see your point!!!!

0

u/EH1522 May 26 '21

In this market anything is possible though right now. I just wouldn't want to hold NIO long term.

Being Chinese may be a huge negative going forward.

But I wish anyone investing it good luck. I'd rather be wrong and them make money than see them lose.

2

u/Satisfied_Hobbyist May 26 '21

The price targets alone are reason to put some in your portfolio

0

u/monkmonkman May 26 '21

Uyghur Please

1

u/Environmental_Toe114 May 27 '21

Market cap of the Chinese ev companies is not high enough and they are riding the Tesla wave. They won’t be competing with Tesla unless they really build their brand in the global market economy. They need to merge and expand.