I do believe in this stock long term although last jump was a little overdone in my opinion. Bought cheap put options yesterday @ 9.50 17/07. Hopefully TSLA sees some resistance at some point which could discourage NIO - correlation is clear between the two stocks. MACD will probably test the signal line and breakdown. Gann box not perfect but seems to show broadening wedge between 0-0.5 and 0-1 which could again translate to consolidation at 9 ish . Also entered long (little late) at 7 ish and will most likely accumulate when pullback is over. First idea that I'm sharing - feel free to drop comments. Cheers
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Well... A little bubble got in the way but we're almost there. Cheers