NIO EXPANSION NEWS - This Will Make NIO EXPLODE - Should You Buy NIO Stock $62 Or Wait?

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Interview: https://www.youtube.com/watch?v=yDjqCSvdp48&feature=share

SO NIO IS ABOVE 60 DOLLARS A SHARE. It turns out that the market reacted very positively to NIO Day. Now, after the announcement of this new Sedan ET7 using the NIO automated driving services, combined with the 150kwh battery pack as well as the subscription-based charging model. IT REALLY LEAD TO NIO STOCK RALLYING today TO NEW ALL TIME HIGHS. But this was also caused by other breaking news. Today we also saw tons of new price upgrades from various institutions that consider NIO day VERY BULLISH.

And these are REALLY SOME INSANE UPGRADES BY THE WAY which we will get into soon. But aside from this we got a couple more updates REGARDING NIO’s expansion to Europe but also SOME OTHER AMBITIOUS STATEMENTS from William Li BIN, CEO AND FOUNDER OF NIO HIMSELF. He said these things in a Bloomberg interview which we will also get into. And lastly I want to answer whether it is still worth it to get into NIO at this price. So make sure to stick around guys so you don’t miss out on anything.

Firstly lets just look at this amazing stock chart. Being up a crazy 6.4% to 62 dollars a share. At this point the month of December where we tested the low 40 levels is ERASED FROM EVERYONE’S memory. But it is in moments like this we should actually remind ourselves of the thoughts everyone had back then. I saw so many people saying that the bull run is over and that the crash has come.

With all due respect THESE PEOPLE never invested in NIO for NIO’s sake. They bought the stock because they saw it go up and then sold it in panic when it dropped down. I am sure they jumped back on it now that it is going up again. But in the process of buying when a stock has gone up, while selling it when it is going down, YOU USUALLY LOSE MONEY and the best way to invest in any stock in my opinion is to buy it and hold it.

Unless you are an experienced swing trader or something IT IS ALWAYS BETTER NOT TO MAKE TOO MANY DECISIONS AND TRULY research a company like NIO, and if you do find it attractive and believe in their business model, THAT'S WHEN you buy the stock and never look back.

Remember how everyone were saying that NIO would drop after NIO day and that you should get out of the stock? Well it turns out trying to time the market like this usually ends in disappointment. I am sure those people would have loved to enjoy today’s 6% gains but instead they will probably keep waiting for A NIO DROP THAT MIGHT SUPER LATE. Imagine if NIO keeps rallying all the way to 100 dollars before dropping to 90 dollars. That entry point might look attractive in that moment but just think of all the gains you would have missed out on IF YOU WAITED.

So that is enough ranting about the irrational behaviors we all fall victim to sometimes. Let’s understand just why NIO went up so much today ASIDE FROM the exciting announcements from NIO day. Firstly FOUNDER AND CEO OF NIO William Li Bin just went on an interview with Bloomberg TV where he BRIEFLY TALKED ABOUT HIS MASSIVE AMBITIONS for 2021 which in my opinion SEEM VERY PROMISING.
He said and I quote,

We have clear plans to enter the european market this year. We will gain experience from a specific country and region to understand how to meet the needs of local users. How to introduce NIO’s community culture to different countries. From this perspective we still have work to do.

Видео NIO EXPANSION NEWS - This Will Make NIO EXPLODE - Should You Buy NIO Stock $62 Or Wait? канала Financial Dragon