Investing.com investing.com 12 Jan, 2021 09:30 am

NIO Rides Tesla’s Coattails To A Record High: Room To Run?

NIO Rides Tesla’s Coattails To A Record High: Room To Run?
Stocks Analysis by Matthew Weller covering: Tesla Inc, Nio Inc Class A ADR, Nikola Corp. Read Matthew Weller's latest article on Investing.com

NIO stock price technical analysis Much like with TSLA, traditional technical analysis is not going to tell us too much about NIO’s chart: it’s obviously in an uptrend, technically “overbought”, and showing strong bullish momentum.Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website.” After brief dalliances with stocks like Nikola (NASDAQ: NKLA ) last year, active traders are now piling into the EV stock du jour, Nio (NYSE: NIO ).

would like to remind you that the data contained in this website is not necessarily real-time nor accurate.com/analysis/nio-rides-tslas-coattails-to-a-record-high-room-to-run-200555597 By Matthew Weller   |  3 hours ago (Jan 12, 2021 01:10AM ET) With Tesla Motors (NASDAQ: TSLA ) exploding higher in recent weeks, it’s not surprising to see traders piling into other electronic vehicle manufacturers in an attempt to catch “the next big thing.

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