Nio suspends production, gap might be filled
Bad news just came out for Nio, there is a gap between 14.99$ -16.79$ which might be filled next week, its not clear for how long Nio suspended production because of Covid but deliveries will be affected and market will price this in. Will be great opportunity to buy at lower prices.
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Nio trying to break resistance at 19.33$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.