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NIO stock is a stock that moves based on momentum. As soon as Nio peaked at $16 and failed to hold at $15, it's confirmed that NIO has lost it's momentum and dipped as a result from profit taking and fear created by Goldman Sachs. 1 mistake I noticed many newbies out there make is by buying the dip too early ($11-$12) due to fear of missing out (FOMO). What I'll do instead is just wait and let the...
NIO Stock Update - 7/17/20
Jul 18, 2020
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