I have been DCA this stock each month. Its been beaten down so much.
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I do not trade the news. I have a dollar cost strategy where I do not need to rely on the news to make investment decisions. I am a long term invester with a portfolio to handle most markets, and wait until a stock falls a certain percent from its high before I invest into it, regardless of the news. I always throughly do my own research on all investment decisions.
Nio has been oversold and i expect it to have a good run. just have to be patient.