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The Long Investor
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$NIO TOP 20

CATL and $NIO have announced a partnership today to help expand their battery swapping network and the timing is very interesting here

Announced just after a 2022 trendline break out too, that being said, the HSI has continued to be bullish this year and other ADRs have been moving strong lately, a catalyst like this announcement could help $NIO break above the $5.32 level and move to $7 next and build a new impulse wave.

I will break even on $NIO at $5.42, so I will be happy to see this breakout.

$NIO TOP 20

Comments

Cap; what is your take on the NIO performance as a company?, does the low deliveries on ONVO in q1 concerns you?

German Allende

Lost the steam…$5.1 now

WallyN 🇷🇴

this announcement is a red flag for me straight before earnings..saw it too many times. Any thoughts Cap?

Matt


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