when to sell NIO if I bought NIO at USD 7 per stock

If you bought NIO at $7 per stock, here are some guidelines on when to consider selling NIO:

1. Set a Stop-Loss: Before entering the market, it's crucial to set a stop-loss level to define your maximum loss. For example, you could set a stop-loss at $5 per share, locking in a $2 per share loss. This helps limit potential downside and manages risk.
2. Evaluate the Market Trend: If NIO's stock price falls below key support levels, such as the 50-day or 200-day moving average, or breaks below a previously established trading range, it may be time to sell. This could indicate a shift in market sentiment or a change in the stock's trend.
3. Consider the Financials: If NIO's financial performance deteriorates significantly, with declining revenue or earnings, it may be prudent to sell. Similarly, if the company's debt-to-equity ratio increases or free cash flow decreases, these indicators could prompt a selling action.
4. Reassess the Competitive Landscape: If NIO faces increased competition from rivals like Xpeng or Li Auto, or if the electric vehicle market experiences a downturn, it may be wise to sell. This could be due to concerns about market share, pricing pressure, or overall industry growth prospects.
5. Technical Indicators: If technical indicators such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) suggest that the stock is oversold or lacks upward momentum, it may be a sign to sell.
6. Company-Specific News: Negative news about NIO's product pipeline, management changes, or strategic direction could lead to a sell-off. If such news arises, it may be time to reconsider your investment in NIO.
7. Time Horizon: If your investment horizon is short-term, you may want to set a specific target price or timeframe for selling. If you're a long-term investor, you may be more patient and willing to ride out market fluctuations.

Remember, the decision to sell NIO should be based on a combination of factors, including your investment goals, risk tolerance, and the overall market environment. It's also important to consider your personal financial situation and the impact of selling NIO on your portfolio.