NIO DAY Will CHANGE EVERYTHING (This Will Be HUGE) - BUY NIO Stock BEFORE or AFTER NIO Day?
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Source: https://www.thedrive.com/news/38572/l...
AS NIO JUST HAD ANOTHER AMAZING day, going up 7 and a half percent we are a little more than a 1 dollar away FROM HITTING NEW ALL TIME HIGHS. This happens as we are getting very close to NIO Day on thursday. Let’s go over whether I think you should buy or sell NIO before NIO day and also what we can expect from that event. I think this will be a massive event for NIO and that we will see the market reacting with tons of volatility. There have also been some VERY recent news and develop elements you might have missed so make sure to watch until the end.
Looking at the stock chart I want to point out how i told you guys yesterday that we saw just an amazing buying opportunity as NIO dropped more than 5% on wednesday. I rarely sell my stocks in general since I don’t like the behavior of always chasing trendy stocks that are going up with the fear of missing out. Every single time this stock goes up all the smaller investors just jump in without actually researching and looking into NIO.
And this almost always leads to the disaster of SELLING THIS STOCK AT THE FIRST SIGN of seeing it go down. I really don’t think the people who sold NIO stock back on Wednesday have truly researched this company. If they did look into the fundamentals of NIO when they bought AND IF THEY WERE LONG TERM INVESTORS there was no reason to selloff and I’m sure you guys agree with me.
So just like I said NIO stock not only recovered today, it went BEYOND THAT. We went up 7.5% today to a share price of more than 54 dollars so really let this be a lesson in NEVER PANICKING over BASELESS FEAR MONGERING and to avoid the dreaded BUY HIGH SELL LOW behavior that is one the biggest mistakes investors make in the stock market.
SO with that said we are now getting very close to NIO day which is obviously A MASSIVE DEAL that the entire market has prepared for AND IS WAITING FOR EAGERLY. So let’s go over what we can expect and whether you should go into NIO before or AFTER NIO day if you haven’t invested in it yet!
First of all we can all expect the new electric sedan set to be announced. These are expected to be delivered in the fourth quarter of 2021 and will be designed an manufactured based on the NIO's second platform, which will equip advanced vehicle chips to enable comprehensive autonomous driving (AD) technology. Mobileye is also expected to work with this new sedan to roll out the ROBOTAXIS IN CHINA.
From what we know right now and FROM THE LEAKS THAT I TALKED ABOUT IN MY LAST VIDEO we THINK THAT this new sedan will have a 150kwh battery pack to give a driving range that blows everyone else out of the water and that will also be available with a subscription package under the BAAS, BATTERY AS A SERVICE MODEL where you basically buy the car without the battery and INSTEAD RENT IT FROM NIO. Saving money in the process and making NIO cars much more affordable.
So these are really the basics that are pretty much expected but there could be so many other things that NIO can be talking about on NIO day that would be INCREDIBLY BULLISH.
For example there is so much going into their autonomous technology and IF THEY ANNOUNCE AN AUTOPILOT THAT IS EVEN MORE ADVANCED than the highest level we have right now in Europe and the US, THAT would in my opinion lead BE MASSIVE FOR THE SHARE PRICE.
According to the leak that i talked about yesterday and that I will link in the description, NIO WILL REVEAL something close to a level 4 autonomous technology, which would instantly outclass everything else in the market right now.