UPDATE #3 When will NIO finally get going?I've been playing with NIO for almost a year now and seemingly very familiar with it's predictability. I haven't moved any of my lines on the charting above from the initial June post, just added in a few directional guesstimates (depending on good earnings). We broke below what initially appeared to be an ascending triangle, continuing to support my idea of a small entry at $17 and a few more nibbles down into $16
NIO
NIO - Bearflagging in the key zone
Rejected VMA at 24 and now showing signs of bearflag on daily.
Early to call, but any push above hear and below VMA (black line) should be treated with skepticism. In fact, it'd be a good spot to short with the S/L just overhead at VMA
If it can close above VMA, then watch for continuation to 30-32 before pullback.
Disclosure: I am long at 20.90, will give it a couple of days with breakeven stop loss if the pricer moves higher or 20.50; whichever hits earler.
$NIO a technical blessing 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Chinese Electric Vehicle company $NIO today at $22.50 per share. Our first take profit is set at $27.50. We also have a stop loss at $21.
OUR ENTRY: $22.50
FIRST TAKE PROFIT: $27.50
STOP LOSS: $21
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BTC's market structure compared to NIO's (EV) shows potentialHey, here I share an idea.
NIO is a Chinese EV's company.
I don't have some strong arguments to compare these two, but I believe we can see a reflect of the risk's markets on their structure.
That said, I believe that BTC did find a bottom on 30k and could test higher, between 46k and 50k.
I would long this with no leverage, just in case it does test 20k later.
Do you think the MAs are showing some information?
Let me your opinion in the comments.
Third Time is a Charm: Chinese New Year: Yatsen Retail$YSG has been down only for its existence (i got fleeced badly in the first few post IPO months)
fundamentals vs share price are converging toward a point of must-buy
China and Chinese ADRs are always known to be massive risk - because many Chinese frauds are in the history book
IF this turns out not to be a fraud, Rather it turns out to be the NIO Motors of Retail MakeUp and lifestyle branding
THEN this becomes an easy 4 bagger and potentially a 20 bagger in the next few years.
NIO maybe “reaching” $37-$38 ONLy. 19/ June/22NIO possible found its “temporary “ base as its monthly chart forming a pin bar/ doji candle stick bullish pattern. Price could trending up to around $37-$38 which is next 1) major supply zone 2) Upper Downward trendline resistance of Parallel Channel (yellow line)
NIO Inc. (NIO, BUY)COVID Lockdowns Weigh on 2Q Guidance; Set to Recover in 2H
Maintain BUY and Decreasing PT to $35
NYSE:NIO
We are maintaining our BUY rating and decreasing PT to $35 (was $40) after NIO reported in line 1Q:22 revenue, with margins below expectations. With 1Q deliveries (25,768) preannounced, investors primarily focused on 1Q margin, 2Q guidance and 2H outlook. Vehicle margin declined to 18.1% in 1Q, down 310bps y/y and 280bps q/q, 136bps/86bps below Tiger/consensus, mainly due to increased battery cost and revenue mix shift. The company guided 2Q deliveries to 23,000 – 25,000, decreasing from 25,768 in 1Q, primarily due to supply chain disruptions caused by COVID. Despite the supply-side constraints, NIO's order intake reached a record-high in May, suggesting robust demand. 2Q vehicle margin should further decrease from 1Q, as battery cost, which peaked in April, is now linked to raw material price based on the new procurement agreement with the supplier. Although NIO increased prices by RMB 10K for all models in May, 2Q deliveries are still pre-price-adjustment vehicles. However,
as production recovers in 2H and battery raw material price declines, gross margin should start
to recover in 3Q. NIO will start delivering ET5 in September, and ES7 in August. NIO plans to
start delivering the mass-market brands in 2H:24.
Overall, beyond the temporary supply chain constraints, we see robust volume and margin recovery in 2H as NIO starts to deliver two new NT2.0 models (ET5 and ES7) with higher gross margins. Current valuation of 2.0x '23E sales is also attractive compared with TSLA's 7.2x. Maintain BUY.
NIO Adam and Eve double bottom / DragonNYSE:NIO
Nio has been in the new recently so i decided to take a look at the chart.. and heres what we can tell
beaten down Chinese stock that has already started to bottom out...double..bottom..out lol
not only it is a double bottom but its a near perfect representation of an adam and eve double bottom. POTENTIALLY
which would make setting PTs for this fairly straight forward.
ALSO with that double bottom the large structure looks to be that of a Dragon with a very clear spine.
again which would make setting PTs for this even more straight forward
however you'd like to look at this chart one thing seems for sure/ from a purely technical standpoint this asset looks like it has plenty of upside to run.
let me know what you guys think in the comments.
and as always , happy trading
$NIO Analysis, Key Levels, and Targets$NIO Analysis, Key Levels, and Targets
So I don’t have a NIO position at the moment, but I did yesterday… I closed my options out in January and for a 17% move in NIO I took 25% on my options…. Not a bad day, and it was just a 1 day hold… and when NIO dips I’m buying again…
I like NIO, and to me it’s starting to look very bullish. It’s likely to become one of my regular plays again along with RIVN and LCID. I might even play TSLA again at these levels. I do believe that EV companies will do well in the next few years.
Any other EV or FuelCell companies on your radars??
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$BABA out with a 35% gain! 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: On 5/19/22 my team purchased shares of Chinese online and mobile commerce company Alibaba $BABA at $88 per share.
Our initial take profit was $118. We sold 1/2 at $117 and the rest several minutes ago at $121 which brings our take profit average to $119 for a 35% gain!
Congrats to those of you who took this trade! We sold out but our overall consensus for $BABA remains bullish! Good luck to longs!
Our Entry: $88
Take Profit Average (HIT): $119
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#Nio long trade idea based on VP analysisNio was a bullish stock until the China fears took over the market. It still commands a good brand recall in China and should recover its price crash as China unlocks
The chart also suggest a squeeze breakout and volume study gives us probable targets for the immediate short term . welcome comments and dissenting views
NIO Possible Short Setup with Anticipated Poor ER 6/9Still below the 200 EMA on daily Chart. Closed today below yesterdays High. Overbought territory on almost every timeframe below the daily chart. If it rallies from 10.36 and breakout of wedge, could have nice returns as stock recovers with upcoming reopening of China for future Quarters of 2022 going into 2023