Nio (NYSE: NIO) is a Chinese multinational automobile manufacturer with headquarter in Shanghai. It specializes in designing and developing electric vehicles. This year, the stock remains down over 40% from the January peak. Several factors contribute to the selloff. First of all, the shortage in the semiconductor limits the production in auto industry. The current chip […]

Since the crash of March 2020, all stocks have tried to recover what they lost, and Berkshire Hathaway was no exception. BRK.B did not only recover the lost, but It also reached historic highs. Now, it is building an impulse from March 2020 lows with a target to $318 – $342 area. Target measured from […]

Trinseo (formerly Styron) is a global materials company based in Berwyn, Pennsylvania, USA. The stock being a component of the Russel2000 index can be traded under ticker $TSE at NYSE. Trinseo offers a broad line of plastics, latex and synthetic rubber.  The primary markets are automotive, appliances, electronics, packaging, tire industries, among others. Currently, we […]

Oil has broken higher and resumed the bullish cycle from April 2020 low. This article and video look at the Elliott Wave path.