$NIO Inc.(NIO)$ $NIO won't be the next $TSLA. As a trend trader, I will avoid $NIO because I don't see any trend. It is likely $NIO will continue to trade sideways until investors are assured that Chinese stocks are not being targeted by China or US. Fundamentally, $NIO is on the right track with every country pushing towards going green and EV is the way to go. Furthermore, $NIO already has a strong foothold in one of the biggest market in the world. However, I think Western countries are wary of Chinese companies due to privacy, security and geopolitical issues. Just look at Huawei. Chinese government is also wary of their own companies that are being listed in US. Afraid that they may leak national data that are very sensitive nowad

$iShares Global Clean Energy ETF(ICLN)$ $ICLN getting ready for breakout. If you are holding $ICLN, you must be wondering why the dirty energy stocks like Exxon and Chevron, etc are all going up while my clean energy ETF is coming down? That's because crude oil has been getting stronger (controlled by OPEC) and the world is not going to shift to clean energy instantly. It will probably take many more years for demand to shift despite all the talks by governments all over the world.Looking purely at the chart, $ICLN has strong support at $21.50. Prices are also congregating along the 200, 50, 21, 8 days moving average. This is a sign that price is being "squeezed" right now and there is a possible breakout in the next few weeks. If you

$Tesla Motors(TSLA)$ $TSLA is in a descending triangle pattern. Everyone loves Tesla. I am also a big fan of Elon Musk and feels incredibly lucky to be able to witness such a genius during my lifetime. Fundamentally Tesla is also doing well, expanding to everywhere on the globe and challenging all the traditional car makers. However looking at the stock chart, $TSLA is in a descending triangle pattern with lower highs ($900, $800, $700) and equal lows ($560). It is also worth nothing that every time after earnings, Tesla seems to start it's descend from there. Unless there is some good surprise from the earnings this time, I expect Tesla to continue this down trend. This descending triangle pattern is considered broken if Tesla breaks

$Alibaba(BABA)$ Don't catch a falling knifeYes, $BABA has rebounded from $200 which is seen as a strong "psychological" support level. But why did it even has to test $200 in the first place? This rebound doesn't hide the fact that $BABA has been on a long term "lower highs, lower lows" down trend since Oct 2020. Given the current headwind in China and US, I wouldn't want to try my luck to catch a falling knife. It needs to break thru the 200EMA (orange line) and VWAP (purple line) to break this down trend. Good luck.

$NIO Inc.(NIO)$ Where will $NIO go? I know $NIO is everyone's favorite stock and most people probably won't like to see bearish comment. However I am a trend trader and I have no favorite stock. It is not a coincidence that $NIO together with rest of the Chinese stocks listed in US has plunged together since 06/Jul. It's 8 days EMA has crossed below 21 days EMA and it has also crossed below VWAP (Volume Weighted Average Price) which can be seen as a trend reversal. If $NIO doesn't find support at 200 days EMA, it is going to test $31. It is a tough period for Chinese stocks listed in US due to all the geopolitical uncertainties. Otherwise, $NIO is a really good stock to have.

$Virgin Galactic(SPCE)$SPCE is in a similarposition as Tesla few years back. Missing deadlines and burning cash that infuriated Wall Street and crippled its market cap down around $30 Billion in June 2019. But Tesla survived and the rest is history. I won’t say May’s test flight is a big deal buta successful launch will be met with optimism. I keep my fingers crossed... Let’s FLY! 

$SOS Limited(SOS)$Be careful... don’t become the one who needs SOS! 

$Virgin Galactic(SPCE)$As much as I wish it will fly tomorrow, pls don’t forget to hedgeagainst it...  🤞🏻 good luck everyone!