EPISODE · Jun 17, 2024 · 30 MIN
#25/2024 - Time For NIO and EV?
from Trading Tips With Jim Stromberg · host Jim Stromberg
Nasdaq pushes upwards while most companies fall back, leaving only 15% of buy signals active. The low number of buy signals opens up a possible re-bounce for the broader market as money hunts for the best return. Most EV companies are near medium-term support levels, and this week's bet in the $1.000 challenge will be NIO as FATE is sold with 11.48% profit, leaving the $1.000 challenge at $3.365 Tune in for this week's Trading Tips With Jim! NB: This week's recording has bad sound quality.
What this episode covers
Nasdaq pushes upwards while most companies fall back, leaving only 15% of buy signals active. The low number of buy signals opens up a possible re-bounce for the broader market as money hunts for the best return. Most EV companies are near medium-term support levels, and this week's bet in the $1.000 challenge will be NIO as FATE is sold with 11.48% profit, leaving the $1.000 challenge at $3.365 Tune in for this week's Trading Tips With Jim! NB: This week's recording has bad sound quality.
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#25/2024 - Time For NIO and EV?
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