Nio Earnings: Buy the Dip or Bail?

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The Street

By Bret Kenwell Nio stock is falling after disappointing guidance in its earnings report. But the chart says the bulls should not despair. Nio (NIO) – Get NIO Inc. American depositary shares each representing one Class A Report is lower in June 9’s trading session after the electric-vehicle company reported earnings before the open. It’s been an interesting stretch, both for EV stocks and for Chinese equities. The latter — which includes Alibaba (BABA) – Get Alibaba Group Holding Limited American Depositary Shares each representing eight Report, JD.com (JD) – Get JD.com Inc. Report, Li Auto (L…

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