Another good running streak for both Nio and Xpeng last Friday before Nio encountered by some short selling report which caused the price to simmer off the day high and closed low. It was the week for these China EVs where both stocks had some strength and they were both multiplying the returns on investment. Since the day my student bought this stock at $7.91, he has set his eyes on a good swing trade where I kept reiterate to him that a small capital does not matter as long as you know how to pick stocks and ride the wave up. So far so good in the last 4 months were the returns were astounding. I believe the key in winning and building wealth is always to do a good swing trade and ride the wave up. Other than that, the rest were not so important. Looking forward to do the next trading event with some of you.
