As expected Bear vs Bull, Bear won the battle after the mark...
As expected Bear vs Bull, Bear won the battle after the market closed. Nio from green turned red at the end with fund exited dearly. As usual it trapped those who chased the price to 4.61. Already said no more buying unless Nio shows the result not just promised only. Dec is the betting Onvo can achieve 10k with the Onvo President and the whole EV industry is focusing on this bet because Onvo President is very confident he can achieve it and opened his big mouth promised he will deliver it. What was unexpected was Onvo volume only 5k in Nov probably missed the target too after missing the 5k target in Oct and the market thinks he is bound to fail to double it to 10k in just a month time. Anyway this is his bet. Lets see how the results in the coming two weeks. Hope he can perform better than expected. At least the Onvo brand is more popular than the Nio brand that failed to progress after being stagnant and the popularity dropped drastically in the past 2 months.
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