NIO stock rose 3.5% on Friday. #NIO stock continued to rise sharply after a 14% surge, reflecting that the capital that drove this round of stock price surge has not yet exited the market, at least part of it has not yet exited. The significant increase in the stock's trading volume in the past two trading days may be due to the selling of the same level of trapped capital, but these selling did not cause #NIO stock price to fall, which shows that the bulls are still digesting these chips. The selling range of these chips is between $4.48 and $5. In fact, this area has formed a certain profit space for capital entering the market below $4, but this does not mean that the profitable capital has exited the market, because #NIO stock price still has room to continue to rise.
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