Nio Inc. is an electric-car company that’s been called the Tesla of China.
But things are not that simple.
Let’s explore the strange case of Nio’s NIO stock-price movements on the New York Stock Exchange and why it shows that risk in the U.S. equity market is underappreciated. The Shanghai-based company debuted Wednesday with American depositary receipts.
Please click here for an annotated chart of Nio’s stock. Please note the following from the chart:
• The indicated price range of the U.S. initial public offering (IPO) was $6.25 to $8.25, as shown on the chart.
• Before an IPO, it is common for companies to conduct a roadshow arranged by their bankers on Wall Street.… Please click here or the title below to read more.
This post was just published on ZYX Short Sell Change Alert.
Take profits on one-quarter of NIO Limited (NIO) right here around $9.60. Stops one one-quarter at $11.26 to $11.38, another quarter at $11.56 to $11.88 and the remaining at $12.56 to $12.88.
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This post was just published on ZYX Short Sell Change Alert.
We will shortly publish a more detailed post. This is suitable only for super aggressive investors.
The short zone for NIO Limited (NIO) is $13.70 to $15.88. Stop zone is $16.26 to $16.78. First target zone is $6.26 to $8.52. The second target zone is $4 to $5.11. Maximum recommended quantity is 20% of full core position size.
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Please click here to take advantage of a FREE 30 day trial.… Please click here or the title below to read more.