NIO Stock Price Prediction | is NIO crashed?
Welcome to Green Bull Market! We discuss here all latest stock news , stock price prediction. As we can see NIO is down today almost 3.80% at the time recording this video. Why is Nio down today ? Is Nio stock is sell signal now or Nio providing buying opportunity to long term investor with this stock price dip. Stay tuned with this video because we will discuss why is Nio down today and why is Nio still a buying rating stock.
As we can see today Nio is down almost 4% . Not just Nio other EV stocks are also down like xpeng , Li and Tesla. Xpeng is almost down today around 3.58% where li and Tesla is down around 1.42% and 1.81 % respectively. As we can see the whole EV market is down today . Here is nothing to worry about as we can’t see any fundamental changes in Nio stock. This is just a short term market fluctuations. In long term , we still believe Nio will hit latest $100 by end of this year.
Moreover, Nio is going to announce its fourth quarter report and annual report in March. Nio last year sales were up more than 100 percent and after announcing its annual report we most probably will see high rise in Nio stock price. Today with almost 3.5 % Nio price dip , we see it as a buying opportunity. All EV market has a very growth potential in upcoming year. So we still believe that NIo will dominate in China in following years and will be profitable company in next year.
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NIO Stock Price Prediction | is NIO crashed?
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