NIO Stock Reverses Hard — Can It Trade Like Tesla to New Highs?
NIO had a remarkable surge in late 2020, but there was good reason for this advance.Now the stock will likely continue to consolidate for a bit longer.Nevertheless, NIO's stock should breakout higher again soon.NIO Inc. is a leading Chinese EV manufacturer. While the company is still in the early stages of its development cycle, NIO has enormous growth potential and will likely become one of the leading Chinese EV manufacturers in the future. China has a massive car market with a remarkably fas