TRADING TIPS

Is NIO Still a Long?

Hubert Senters here. Got a question from Anant. Is NIO still a long potential and one year term as per your last discussion. Yeah. I mean it’s going to pullback. Nothing is going to go straight up or straight down. If you’re looking at this, this visually a chinese knock off of a Tesla. Now, Tesla is going to be they’re going to take the most market share from everyone but this is the number one bet for China Electric Vehicles so. Yeah. I wouldn’t have a problem holding it for a year as long as you understand that it could potentially go down to let’s say $10-$15. But if your hold time is a year then obviously you’ve got longer term on that so the problem with that is this little gyrations that are going up and down. They might spook you out with the position. When I hold stuff like that I’ll just put it like a hard stop loss then I’m cool with it and never look at it again just every now and then check in on it. But yeah, a year from now this thing will probably be worth I would say anywhere from $80 to $120. Now, if you don’t want to wait that long to make some money I’m going to teach you how to do this type of stuff on a live webinar this Wednesday on How to Make $1,000 or More Risking Only $156.25. I will HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.  

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