Major Breakdown Stock and ETF of this week and further!...
Both NIO & NRGU Rallied to unsustainable level, while NRGUs price moves are typical, major swings on either direction, NIO a debt ridden stock rallied more than 50% in just couple of weeks...ridiculous!.
NIO is going back to $3s!...50% possible downside or more!...
Nio Inc (NIO)
6.32 -0.36 (-5.39%) 11:07 ET [NYSE]
6.32 x 3676 6.33 x 2100
Realtime by (Cboe BZX)
Quote Overview for Wed, Jun 10th, 2020
NRGU will be hovering between 4.0-4.90 levels!
Microsectors U.S. Big Oil Index 3X Leveraged ETN (NRGU)
6.15 -0.84 (-12.02%) 11:05 ET [NYSE Arca]
6.15 x 300 6.16 x 3400
Realtime by (Cboe BZX)
Quote Overview for Wed, Jun 10th, 2020
of this two, anybody who wants to buy the dips, it would be NRGU, solid performer, with NIO you will loose all, it is a Dilution machine with huge debts, no positive revenues or profits!.
ALWAYS MAKE SURE YOU DO YOUR DILIGENCE!......