NIO is just starting out. Founded in 2014 by William Lee, it had already managed to create EP9, a supercar, by 2016, which beat the world record on Nürburgring Nordschleife in Germany. The first electric car, NIO ES8, was released in mid 2018, while six months later, NIO ES6 appeared.
Today, we''ll focus more on technical analysis, using fundamentals only to confirm the tech analysis result or prove it wrong. In practice, tech analysis often predicts the events the retail investors are not aware of.
Costco (NASDAQ: COST) includes large stores and warehouses with domestic appliances, consumer electronics, clothes, and books. Besides, Costco chain includes gas stations, tire shops, and other services. It is not only a food&beverages company. This is why, even though Food&Bev sector is doing good, this won't mean Costco will be prospering.
Opera Limited is publishing its earnings report on Feb 21. The company's IPO happened just 6 months ago, and this is just its second quarterly report.