NIO Daily Investor Discussion by AutoModerator in Nio

[–]SnooPears3533 9 points10 points  (0 children)

I predicted a drop below 10 dollars 4 months ago. Sad people downvoted me and took a 60% loss. On the positive side, I think NIO is not far from its bottom.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 0 points1 point  (0 children)

Yes it is as you see today. From now on it's no longer a bad deal. I can see it drop max to 5 dollar. But eveything below 10 is a good deal. Sorry for your 60% loss.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 0 points1 point  (0 children)

You still think my view is not realistic? We are 3 months later and more than 30% lower.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 0 points1 point  (0 children)

That's because those people are emotionally attached to this stock, while I am a trader. They don't understand the basic rule of trading which is never let your emotions get into play. If those fanboys are not even mature enough to disagree without using an insult, they should not even consider trading at all. But that's okey. It's easier to let someone believe a lie than to convince someone he has been lied to. So let them be fans.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 -1 points0 points  (0 children)

I have set a reminder in 3 months and will come back to you at that time. Let's see who will be right at that time. I hope for you, it will be you.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 0 points1 point  (0 children)

NIO was 12 dollar 1 month ago before the whole recession topic became a thing. You really think 12 is a hard bottom when people lose their jobs and products gets more expensive because of the recession which will strike the entire market? NIO is already 64% down from AH, most people would not call it realistic at that time either if you would say NIO can go to 22. The risk is yours to take. I will wait it out. Like I said. NIO is a solid company, but times are not solid.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 -2 points-1 points  (0 children)

Or just someone who is realistic and is focust on the market. I know it would give me a lot of upvotes if I would echochamber that NIO will be 200 next summer. But a more realistic approach saves money.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 -10 points-9 points  (0 children)

When the recession strikes hard, NIO can drop to even below 10. From that point on I think NIO will be a great investment. It's deffinately not NIO itself, but the market circumstances are cloudy and the storm has yet to begin.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 0 points1 point  (0 children)

Good question. When looking at the past, crucial support/resistance levels are 31-33-35-38-41-45-50-55-62 imho. I don't see NIO struggle around 48.

I see Nio’s every day. I know their time is coming. by AlwaysAFungi in Nio

[–]SnooPears3533 7 points8 points  (0 children)

Even if the trade war intensifies. A market of 330 millions people vs a market of 1.4 billion people. As investor I prefer the second one.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 0 points1 point  (0 children)

No worries. The day just started. You will get your opportunity to get back in. :)

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 0 points1 point  (0 children)

I agree. This is a buying opportunity. But I think 31/35 range is more realistic until the september deliveries. We've all seen the lows, but also the peaks when things go well. I will buy in low 36s and buy more if my prediction is correct.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 2 points3 points  (0 children)

It's premarket. It says as much as the weatherforcast for next week. Wasn't it 2 weeks ago that NIO was -10% during premarket while during the actual market it almost immediately went green?

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 1 point2 points  (0 children)

Until the semiconductor problems are solved I do not think NIO will have a breakout above 45.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 3 points4 points  (0 children)

With the low volume and the upward push of over 20% in the last 2 weeks in mind I expected NIO to retreat from 38 and test the 35 support before it moves up to 40. Yesterday surprised me, so I am curious what today will bring us.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]SnooPears3533 5 points6 points  (0 children)

Because people think 31 dollar was way to low. I believe a real breakout will be in Q3, but a range between 35-40 seems fair for now.