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I see this companies electric vehicles on the road and I have to admit they offer a fantastic ten year warranty. Are they reckless in making such a offer when they have no track history? Might not high servicing costs come back to bite them further down the road? Look at how the stock jumped this week on this good news. While high production increases are only one part of a companies story they are encouraging to their shareholders. Visit there website and learn about their dealership network. The waiting game begins to hear about their next earning's report. Now look at these three charts. Back on Sept. 6th I wrote a blog on "Nio", a chinese electric car company. Here is it's chart that I showed in that blog. It shows Nio jumping 25% in one week. Now let's look at it's three month chart. Recently I did some blogs on trading options in the five dollar range. The scary part is we have seen how other stocks in this space are down. Look at these four. None
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July Movement - One Week Action - Catching One Of These Moves And Staying With It

Quickly check out these six different five day charts amd look for a common theme.
Talk about a game of snakes and ladders! Was there a theme to the price movements of most of these stocks? Yes, with most of these stocks, the directional moves that happened on Thursday continued on over into Friday. Looking for one day reversals on stocks on Thurday afternoons and also going into Friday would have being a mistake. We are enjoying strong markets and this is the outcome of strong markets.These are not normal times.

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