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NIO

The next trade is near! 👀Yes, NIO is dropping again, but it looks like it can drop even more. We have yet to hit the 42.34, and the RSI is not oversold yet! We still have a divergence in the 4h chart RSI, and we are far from the 20ma. Also, NIO volatility is pretty high, and it feels it must decrease a little bit more. Let’s wait for the BB to get tighter, and for it to hit its proper support levels. I’ll buy when I see an exhaustion, and if I see the right patterns around. Let’s focus on the 20ma in the 4h chart, as this could give us a great buy chance! It is almost there! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
2
How to trade ranges? 🤓Even with a lot of people (including me) not that happy with NIO because it was too overbought, technical analysis never fails! NIO did break the 42.34, the consolidation we talked about in my last analysis, and it hit the technical target. When you see a breakout, especially if the stock opens below the resistance, and closes above it, you just replicate the size of the range. In this case, the range was of $ 1.45, so you sum it to the 42.34, and set a target at 43.79. But since the 4h chart still looks weird, personally, I rather wait for a pullback, or at least a good and easy trade. Right now, NIO seems too complex, and I see better stuff around. If it hits the 20ma again, I’ll be much happier 😊. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
11
NIO: It hit our target! What's next for us?Hello traders and investors! NIO hit our target at $ 43.13, the technical target for the V-Shape recovery , and we are trading above the target. The link to our last analysis is below this post. What’s next for us? First, in the 1h chart, since we already defeated the resistance at $ 43.13, this point is supposed to work as a support. Notice that NIO just did an upwards breakout from a trap zone , when it was trading between the 21 ema and the resistance at $ 43.13. All of these are good news, and NIO has no pullback/reversal sign around . Even if it drops again to the 21 ema in the 1h chart, the bullish thesis would be intact. Now, to the daily chart: The only thing that annoys me is the low volume . If NIO loses today’s low, then it can easily retest the 21 ema in the daily chart again. Also, it must not close under the $ 43.13, as the market might see this as a false breakout . Of course, this wouldn’t be enough to change the trend, it would just mean we’ll see a pullback, and since the trend is bullish, this means an opportunity to buy. But for now, all we can say is that the $ 46.28 is the next target. Let’s keep our eyes open here, and stay alert to these key points. If you liked this analysis, remember to follow me to keep in touch with my daily studies, and support the idea if you liked it! Thank you very much!
NYSE:NIO
by Nathan_The_Finance_Hydra
2
NioSunday, 6 June 2021 3:09 AM (WIB) Nio has potentially to move downside as the price already at resistance, following all indicators news. Except there are any BUMP volumes that break up the resistance lines, Nio could still move upside. Following the waves structure, Nio still have -30% revenue to the downside, and 118% after touch the lowest low support. This is the best scenario for global trades. When the price touch the lowest support, I expect the clouds shift from bearish trend into bullish. When it comes to move upside, this could be years journey to the upside. www.nio.com Best regards, RyodaBrainless "Live to Ride and Ride to Live"
NYSE:NIOShort
by RyodaBrainless
2
Trading inside a consolidation! 😒Now the situation is getting clearer on NIO to me. I see a consolidation between the 42.34 and the 40.89. To the side it breaks, we’ll see a good movement next. If NIO breaks the upper line, then the 46 is the next stop. If NIO breaks downwards, then the 20ma is the target. It seems simple enough to me, but it is not over yet! The problem is the RSI. We have a small divergence, and it is overbought. This makes me more comfortable with the idea of a downwards breakout to the 20ma. Then the RSI will cool down, and the risk-reward ratio will increase too. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
8
Let's wait for our next chance! 🤑If NIO closes under the 40.90 tomorrow, there’s a chance it’ll fill the gap at 38.64. Then I believe I’ll be a good moment to buy. It is no secret that I already booked my profits on NIO, and now I’m an observer just waiting for the next chance to buy it again. In fact, since we have an advanced breakdown on the RSI, this could even trigger a quick short trade, with a tight stop-loss. We are still overbought in the 4h chart, but NIO is getting back to its normal, it seems. Another possibility I’m working with is a sideways movement for the next days. This might work too, but I prefer a pullback. I’m not working with a scenario that NIO will fly from here, and if it does, I’ll just be happy for its investors, but I will not buy it here, as the risk-reward is not the best. I’ll keep monitoring it, and I’ll update you guys if I see anything. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
4
Worried about a pullback? Don't be! 👍Yes, NIO is doing amazingly well, but nothing can go up forever. At one point, we’ll find NIO around a support level again, and this is going to be just another chance for us to trade it again. We did a great trade last week, so, I'm fine waiting for the next one. For now, we see that it lost the 20ma, and the volatility is decreasing, as the BB gets tighter. The RSI is still above the 50, indicating that NIO is still strong, and the trend is still bullish. Given that NIO is pretty close to the top at 43.21, and the RSI is very overbought, and that we had a bearish candlestick today, I’ll just wait for the next trade to appear in front of us. If NIO fills the gap at 38.89 it’ll be perfect, but let’s see. We are also pretty far from the 20ma, and at one point, we’ll get closer to it. Let’s see how NIO will move this week, but I think we’ll trade it only next week – this is not a promise though. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
3
$NIO Cautiously bullish, will it rip?Hello everyone, NIO has broken out of its short-term downtrend line on June 1st with good sales and China news. This breakout is impulsive and accompanied by volume which is usually a bullish signal. However, selling pressure remains strong on the hyper-growth stock. I am expecting a test of 43-44.5 resistance in the short term if the resistance is broken through a 49 test would be imminent. Pros: - Short-term resistance is broken through, with so far a successful backtest - The break is impulsive with high volume suggests that institutional money is buying in. - Lot of upside potential when hyper-growth stocks come back in favor. Cons: - RSI bearish divergence - Right now very close to resistance @43 -44.5 Conclusion: - If you're already holding NIO from the bottom, congrats and observer price action at 43-44.5 resistance. - If you are not yet holding NIO know that your R/R is at 43-44.5 and a drop below the short-term trendline would be your SL.
NYSE:NIOLong
by Mattyx227
1
Time to wait for our next trade! ⏳NIO is flying today, and I’m very happy for those who are still in, but since I already book my profits from our last trade, I’ll just wait for the next pullback, which might happen soon. The RSI is extremely overbought, and we have an open gap between the 38 – 40. I don’t see any bearish pattern to convince me of a short, unlike Tesla, which has a clear short point. In the 4h chart NIO is almost at its target at 43.21, and the RSI is extremely overbought as well. We’ll buy NIO again when it gets closer to the next support level, which could be the 38 again, or even the 20ma in the 30 min chart. The next few days are going to be pretty important for us. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
5