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NIO ALL TIME HIGHS...AGAIN! IS NIO STOCK A BUY NOW? DO THIS [NIO|TSLA]
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NIO stock keeps making all time highs. TSLA stock is also climbing this week after taking a dip. What is the price prediction for NIO and TSLA now? Is NIO stock a buy now? Is it too late to buy NIO? Will TSLA stock get back to all time highs? Based on technical and fundamental stock analysis, NIO could be $100 in the next 1-2 years and I explain why NIO can surpass all time highs, especially with NIO's europe expansion. Tesla stock has two major catalysts as well that could propel it past all time highs; I talk about these two things in the video.
Buying stocks at the high is not a great recipe in the short term for your stock portfolio. TSLA retraced to the 100 MA and NIO was under $30 for quite some time. You generally want to buy these stocks early enough to avoid making bad decisions. When you buy stocks at the high you are then forced to make a decision whether to panic sell after a crash or drop. Buy the dips cannot be stressed enough, especially with NIO stock and TSLA stock.
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Watch my previous TSLA/NIO stock trading videos here:
#NIO #TSLA #stocks
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