Aug. 6 at 7:17 PM
$NIO Ive been paying little attention to my trade, currently long at 4.65, and haven't paid any attention to the market either over the past two weeks.
Hiking and busy with my baseball blog.
$BLMN got a big boost on earnings.
$INTC hovering around
$100 creating uncertainty about which way to go.
$MGPI nearly popped over
$20 a share before fading.
There is some strength in the market yet, and
$NIO keeps lagging.
My theory that it could follow
$BULL with a summer pump hasn't played out quite yet but I feel like there is a 25% gain here with a price target of
$5.80.
$NIO pumped from the 52 week low of
$4.40 to nearly
$7.00 from the beginning of Mar. '26 to the middle of Apr. '26. It was around six weeks time and that was around a 35% gain.
