NIO recently broke out of a narrow bear wedgeNIO the Chinese car manufacturer has been on a huge bear wedge slide since the start of July. A breakout occurred this week on Oct 12. NIO could be looking at a reversal, def one to watch!
NIO
XPEV not waiting for its peer NIO. XPEV broke out and is on its way up leaving NIO behind with a low charge. Hopefully NIO charges up their battery soon and catches up with XPEV.
I might ditch my NIO and get into XPEV for a quicker profit.
$NIO - Entry based on price action This is another sub-trade I will take based on PinBar price action on the daily timeframe even though it looks shy on the chart, so the stop loss should be more close to the entry. I expect a move of 9% tomorrow🤞
NIO: The most important resistance to keep our eyes on!Hello traders and investors! Let’s see how NIO is doing today!
NIO dropped sharply last week, but it seems we have some reaction now. We started to trade above the 21 ema again, and yesterday we did a pullback to the 38.2% Fibonacci’s retracement area, which is a good thing.
Now, the main challenge will be to defeat the $ 36.63. This point was a resistance on Oct 07, today we hit exactly this price again, and we failed in breaking it.
I like how today’s first candlestick is looking, but the situation is still a little delicate.
In the daily chart, we are trying to defeat the 21 ema, which has been working as a resistance area for a few months now. It seems the $ 36.63 is a pivot point in the daily chart, so if we manage to defeat these two resistances, NIO will probably do a mid-term reversal.
If it actually reverses, the gap at $ 40.59 (yellow square) is going to work as a target. Let’s see how NIO will behave in the next few days.
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NIO swing trade idea. Easy to understand.Swing trade in nio, sma 200 brushing price, bullish divergence RSI, good buy volume candle.
The market needs to hold on
$Nio - investment idea 💡 #NIO has been trading for a while in the demand zone, giving great opportunity for low risk entry. And great target potential. Regardless the fundamental analysis, this is just technical analysis.
From this price I will start buy small positions and buy more with bullish price actions.
❌ - Moving Averages still bearish, price distance to fast ma 0.50% and to slow -17.53%
✅ - The scenario is duble bottom, and bearish butterfly 🦋 pattern.
✅ - MACD
✅ - STOCHASTIC
✅ - Momentum
✅ - RSI Neutral
❌ - Ichimoku very bearish
⏰ - Breakout around: $37
🚦 - Next entries in case if dropped:
- $30
- $23.30
- 18.70
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
NIO increase: pattern analysisI think the graph speaks for itself, but analyzing the pattern here we see a double deficit with an increase following, and a short time of flatline. Over the next week or so watch closely to see if the pattern continues, especially approaching NIOs upcoming release, said to challenge even the electric car giant, TESLA.
$NIO can hit a new all-time highLooking at the chart, we see that Nio has just reached a long-term support. This results in a rising price. So it will enter a bullish trend (see Supertrend). If it can break through the very strong resistance, Nio can reach a new all-time high. Otherwise it will retest the long-term support.
One Last Dip, And all the way Up I am bullish in NIO, but from technical point of view we still didn't break the channel, so i am expecting to have one one last dip before it goes bullish.
NIO - I will buy the dip at the end of this primary correctionHello traders and investors,
today we see one of the main Tesla (TSLA) competitors: the Chianese Electric Car NIO. Assuming that 12 January 2021 was the pick of a Primary Wave 3 impulse, I am looking at the last impulse wave (primary 5) after the completion of Wave 4 correction.
As you can see in the chart, I see 5 intermediate blue waves down and 3 waves up, hence I am expecting another impulse down to complete intermediate wave C.
Fibonacci cluster/confluence either around 23.6% or at 38.2% retracement of Wave 3. In the first case, we will have a wave C similar to wave A, in the latter wave C will be extended up to 1.618%.
No rush to buy the dip. Target Wave 5 is yet to be calculated.
$NIO- Analysis & Key levels $NIO- Analysis & Key levels
My position is short here… I do think that NIO had a nice run up today… but I also believe there is a little bit more downside before NIO is bullish again.
I love this stock and this company but I’m not ready to go long yet…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you.
My average is in Grey
Red = Resistance
Green = Support
Blue = trendlines
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
NIO - OPTIONSAll,
NIO is in a pretty solid spot needs to break the pattern once it does I can see 35-38 pretty easily. Keep an eye out for the break here. Could be today.
MY MINIMALIST ANALYSIS FOR $NIOThis should be good ENTRY POINTS, We have a STRONG SUPPORT and can TRADE in the RANGES of the BOXES.
THE CHART and BOX TOOLS
1. BASIC IS the chart is designed for SWING TRADES at the BOTTOM. (I do not SHORT)
2. LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY OR SELL POSITION or an EXIT.
Indicated are key levels of support and resistance using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
Thank You for your appreciation and support.
NIO longNIO is a Chinese car manufacturer, specialising in the design and development of electric vehicles.
Position: long
Entry price: 32.10
Target price: 54.71
Stop loss: 28.5
The RSI indicator is very close to the oversold level. The William Indicator suggests that the market is in the downtrend, but it's a weak signal.
(In the event that the price of NIO doesn't break the support line (red line), the market may go into a phase of uptrend.
No financial advice
$NIO - Bear flags INTACT with $22 first Price TargetNio is in a continual downtrend, making lower highs lower lows with new bear flags setting. Technical pointing more selling pressure. There is a gap at around 22-23 level. With possible delisting with SEC shortening the timeframe for chinese stock listing and Evergrande crisis, Nio looks to have further downside. Chinese banks are taking major financial hit due to Evergrande in Nio and many automakers reply on. This will cause a ripple effect with senior notes being exercised and liquidating Nio bonds.
NIO: Hope NIO still doing consolidation. That Sept markets swoons, chip shortages happened and Evergrande debacle is still affect it and in future too.
In my opinion NIO's bull have courage to reach new height but right now circumstance are not in its favor.
Suggestion for NIO is wait for some clarifications before taking any step.
Previous Analysis.
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NIO possible bull flag breakoutWould love to see break out and possible retest. After that I'm more than bullish. We held support pretty good lately. Good long term buy. Its way undervalued compare to overpriced tesla.
Impulsive move down imminent.2.618 fib extension is 9 ish dollars and that's where we go long. Has confluence with a gap in the weekly chart as well so very nice to target that area for shorting. 1.618 fib target for maybe Nov 1st or Dec 1st is 22 ish dollars. Great to short here on deliveries tomorrow and with SPX bear flagging.
NIO: HopeNIO do some consolidation inside that bubble due to Sept markets swoons, chip shortages happened and Evergrande debacle which is the current hot topic of market can affect it in future.
Suggestion for NIO is wait for some clarifications before taking any step.
If you agree then like idea and support me.
Mention your ideas in comment :)
NIO: This pattern can save the day!Hello traders and investors! Let’s see how NIO is doing today!
We have an important reaction right now, as NIO is trying to trigger a Double Bottom chart pattern by breaking the $ 36.50 area. It seems the $ 34.510 worked as a nice support, after all, and this might bring something new to NIO.
We still have two open gaps, and by triggering this Double Bottom, the first one will be easily filled. The last one, at $ 40.59 is not going to be that easy, and NIO must do stronger bullish structures to reverse the trend for good.
However, this Double Bottom might be a good start. Now, let’s see the daily chart:
The situation is not the best, as the trend is still bearish, and aside from the signs in the 1h chart, we still see nothing meaningful in the daily chart. It is important to defeat the 21 ema, which is above the price and pointing down, before anything else.
Today’s reaction made a good candlestick pattern, yes, but it feels like it is too soon to tell if it’ll truly reverse or not. Let’s keep our eyes open, and pay attention to more signs.
The fact that it is reacting near the bottom level of a possible Triangle pattern in the weekly chart is surely interesting. Again, I think this is a good start, but let’s wait for some confirmation.
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Have a good day!
$NIO - BEAR FLAG formation SetupsDown trending channel with continual bearish flags one after another. Short opportunity on any rally. lower lows set up.
