NIO DROPS BIG ANNOUNCEMENTS (EXPLODING SALES) - BREAKING NEWS - NIO Stock Price Prediction

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NIO just blew past the 60 dollar range. Again proving just how much support investors have in this company. There are also a bunch of reasons BEHIND this rally we are seeing now at the end of this week. Not only did we see even more crazy price target upgrades of 80 and EVEN 100 DOLLARS A SHARE from massive financial institutions mind you, we also saw NIO doing some great things for their customers.

Restoring their free battery swap benefits, AND EVEN temporarily allowing their customers to BUY CARS WITHOUT ANY DOWN PAYMENT WHATSOEVER, IN TURN BOOSTING NIO’S SALES! I also want to end the video discussing my prediction changes for the coming months so stay tuned guys, there is alot to talk about!

Firstly looking at the stock chart we have had an AWESOME WEEK GUYS. NIO closed LAST WEEK¨S FRIDAY with a share price of 56.27 dollars and today just one week later we are back above the 60 range to 61.44 dollars. That is a gain of 9% in one week, 9% is btw the ANNUAL average returns of the SP500 so just take that into perspective.

When going for stocks like NIO instead of index funds there of course going to be more volatility, so more ups and downs but with that volatility we also see a much much higher upside potential, which is what we are seeing right now.

If you like me, are bullish on NIO as a company then PATIENCE IS ALL WE NEED to be able to handle the small consolidations we see from time to time, AND IN THE END we will be rewarded, like we are seeing today. So congratulations for all of you who managed to hold throughout this. I think we are soon about to see new all time highs coming.

But let’s go from that to WHY SPECIFICALLY it went up today. Honestly I think one of the reasons is that the initial consolidation really was due to profit taking and not anything fundamental. When this happens the share price goes down a bit and waits to see if there will be NIO INVESTORS buying that dip, which is what we always see.

But usually there are a couple of catalysts CAUSING this recovery and THOSE NEWS we got these past days are in my opinion a PERFECT EXAMPLE of a catalyst!

First of all NIO just launched a 0 DOWN PAYMENT PURCHASE OPTION for their new NIO ES8, ES6 and EC6 up until February 28. Since usually in China there is a requirement of a 15% down payment THIS IS OBVIOUSLY expected to drive up NIO’s sales and thus give them a A NICE BOOST in revenue and QUITE LIKELY give a more permanent boost in future revenues through getting a bunch of more customers.

Now we already know that the big bottleneck for NIO right now is how fast they can produce cars so this will obviously lead to a delayed delivery for those people since it will cause a spike in demand but the customers already KNOW THIS SO it shouldn’t matter in my opinion.

Видео NIO DROPS BIG ANNOUNCEMENTS (EXPLODING SALES) - BREAKING NEWS - NIO Stock Price Prediction канала Financial Dragon