NIO & Li, Chinese EV companies 1 month comparison

Oct 16, 2020

NIO and LI have been on a tare this month. NIO is up 50% the past month and LI is right behind at +42% for a month. I am bullish on both Chinese EV companies. Besides some temporary pullback here and there, I expect both of them to finish the year off up an additional 50%. That would bring my NIO target $28.08 close today (10/15) to $42.12 by 12/18. And LI target $20.52 close today to $30.78. Good luck and happy trading friends...

Oct 28, 2020

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