Power Plays New Idea: NIO
January 30, 2024
By Scott Redler
Name: Nio
Ticker: NIO
Price: $4.41
Needs to Hold: $3.50 to $3.80
Price Objective 1: N/A
Price Objective 2: N/A
With Tesla (TSLA) starting to take off, some of the smaller EV names are likely to follow along.
So I'm adding Nio (NIO) to Power Plays here.
This is a volatile, high-octane name so expect some volatility.
Stay tuned for more updates!
-Scott
Scott Redler Positions Disclosure as of 2025-01-30 at 2.25.27 PM