NIO
Several patterns and points to watch next week!Nio is doing some bearish patterns around, and it must do a very good movement on Monday if it wants to go up next week. We have a head and shoulders, that wasn't triggered yet, so there's still hope for Nio.
But, what if it triggers? Then the gap at 33.44 will be the target, probably. We also have the 32.61 as a second target, but I don't know if there's any chance of being hit.
The 4h chart has the double top pattern as well, that indicates more bearish sentiment, but neither of these patterns were triggered yet. Therefore, it is important to see a great reaction on Monday, as soon as possible, or Nio will trigger these signs and drop to the targets.
But if Nio breaks the 34.75, I believe it'll seek the 61.8% retracement in the 4h chart, around the 38.40. We'll have our answer next week!
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See you soon,
Melissa.
NIO - Bullish as we reach resistance at $35.50As long as the price stays above the dotted-green "trendline" (Pitchfork 0.5), we are Bullish. Consider $35.50 as the next resistance.
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For any questions or comments, do let me know!
-- For educational purposes only. Do your own research before making investment decisions.
NIO triggered a probable upward move
NIO is about to violate the major broken support around $34.25 after the rebound from the lower boundary of the downward channel on the 1hr time frame.
NIO could target $36.80 and $39.00 consecutively on the short term; with a bullish signals triggered on both the RSI and the momentum indicators.
From a fundamental perspective, Nio's financial condition is improving after debt and liquidity fears slammed shares. Nio's international expansion promises more runway for growth.
Is there any hope for NIO? Check this out.Yes, NIO broke the black line, and now it dropping as expected. Now, NIO is supposed to take some time before it can do anything bullish again, but there's still hope for it!
This drop was important because NIO just hit the 50% fibs retracement in the 30min chart, and it is holding there.
The 35.45 is the resistance NIO is aiming right now, and it'll reach it, but it must not lose the 32, or it'll seek the 31 again. By breaking the 35.45, hardly the 50% will hold NIO, and the 61.8% retracement at 38.40 will be the target.
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.
Bitcoin Crossed Below 200 EMAI can not convince you that Bullish run for bitcoin has Gone!
Atleast check all my previous Bitcoin analyses!
I did whatever could do..! decision is yours to make!
I asked short Bitcoin on April 13, 2021, when it was 62-64K
I predicted NIO top on January 11th, 2021 (2 weeks before it happen).
Tesla Top on February 17:
NYSE:GME
when it was 325 on January 30th, 2021
NASDAQ:TLRY Top on February 11th, when it was 63!
Whole EV maker sector on February 18:
NASDAQ:RIOT top on Feb 18, 2021 when it was 62
I asked everyone to buy Gold when it was 1700 on March 6th,
Many people called me stupid, scammer, ...etc, but at least I know I started this to help others!
I know I had mistakes but review my works and judge yourself..!
Moshkelgosha
NIO: We must watch this Pivot Point!Hello traders and investors! Let’s see how NIO is doing today!
First, in the 1h chart, we see that NIO defeated the bear trend, when it broke the purple trendline , and it is not doing lower highs/lows anymore. But there’s no bull trend yet , and it seems we only have a congestion in the short-term, as the 21 ema is flat.
The $ 32.58 is a support level, and it must react quickly in order to make a new bullish movement.
In the daily chart, we are in the lower part of a congestion , and NIO did a false breakout from the $ 31.92 last week. Again, if NIO doesn’t react quickly, it might retest the light green line area once more , and even trade slightly below it.
In order to fly again, NIO must defeat the $ 34.78, as this is a pivot point for us, and would lead the price back up to the $ 43.13.
Let’s watch NIO carefully in the next few days. And if you liked this analysis, remember to follow me to keep in touch with my daily updates, and support this idea if it helped you!
Thank you very much!
June 30th, 2021, NIO - EV maker will hit $30 as support. June 30th, 2021, NIO - EV maker will hit $30 as support. Will climb back up above $40 after that. Just a thought
Will accumulate around $30, just my 2 cents. Let's see how it goes with result report after performance.
Not financial advice, your trades can go $0.00. Do your own research!
Watch out for the strongest resistance in the short term!The BB are starting to open again, and this might tell us that the next big movement on NIO is close. If it loses the black line, it might drop a bit in the next few days.
But if it breaks the red line, it'll keep climbing until the 38 area, the 61.8% fibs retracement in the 4h chart.
The problem is the 20ma and the 34.45 area, as it was a resistance and it is the 38.2% retracement . Let's see if Nio will break this area, as this is the most important resistance in the short term.
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.
3-wave Declining Series Finished? Upward Trend Next: LONGNIO has apparently reached a relative-low...and trough in a 3-part corrective wave.
The dip is a nice spot to buy, and NIO should ascend to 60-plus/share eventually -- the WHEN on that remains UNDEFINED. The stock has been fairly volatile, but those seeking a 1-plus year hold are in a good spot to load up.
There seems to be strong support at these previous lows, and it could ascend quickly back to the highs it attained earlier, but stocks take longer to finish corrective waves upward, so the range on this easily could still be a 9 to 12-month hold -- The longer the better, probably! The Red Tesla is flexing, but the resistance it is encountering is probably not significant enough to deter anyone looking for a very long-term hold.
--BDR
nio 🚗special request ~
here's the thing. normally i'd like for wave 4 to get down to the 0.382 algo target before i jump into a trade - but...
things that are extremely bullish, sometimes bottom out at the 0.236.
0.236 algo target sits at $29.42, and this will be our first area to try and buy nio again, with a 4% stop loss.
if that area breaks -> watch for $17.77
if the $29 area hold, our upside target sits between $144~$206.
NIO: This is the key point for it!Hello traders and investors! Let’s see how NIO is doing today!
First, NIO defeated the purple trendline , breaking the bear trend seen in the 1h chart. But there is no bull trend yet , as we have no higher highs/lows. But we have a pivot point at $ 34.15, and if defeated, this will be the beginning of a new bull trend in the 1h chart, which could spread to the daily chart as well.
Speaking of daily chart:
Yep, NIO quickly retested the $ 32 area, and it went to the $ 30.71, but it was a false breakout from our green line. Friday, it did a Harami above a support level. Usually, Haramis have random chances of working as reversal patterns, but the odds increase when we are near important support levels.
NIO must not lose this green line again, otherwise, it’ll seek lower levels, like the $ 25. If it triggers the pivot mentioned in the 1h chart, it can easily seek the $ 43 again.
Let’s see how NIO will play next. If you liked this analysis, remember to follow me to keep in touch with our studies, and support this idea if it helped you!
Thank you very much, have a good week!
Our Full Analysis on NIO explained This is a complete review of the current situation on NIO lets starts:
1) The price made a new local low since the previous ATH at 67,00. The current Draw Down is -53%, with a time duration of 123 days.
2) Currently, the price is a little bit below a clear support zone at 33,00. From here, we can start working on some possible situations
3) BEARISH SITUATION: If the price keeps falling from current levels, we do not have close support zones; the next level we can observe is 16,56, and finally, the cloned descending channel. We are not interested in shorting the stock; this is an idea of possible demands zone if the bearish trend continues.
4) Let's assume the price is not able to break the support zone, and we have a breakout of the FIRST yellow trendline. If that happens, we will avoid trading in the area between 33 and 46. The reason is that we don't have a clear direction defined in that area. So we want to see a breakout above the previous resistance zone at 46 to start thinking about possible setups.
5) If the price can reach 46 and we observe a small corrective pattern above the resistance zone, we will look for short-term setups between 46 and 57. ONLY if the risk-reward ratio we can observe is higher than 1.7. Otherwise, we will not execute any setup
6) Now we will speak about the perfect trading zone for swing traders or position traders. The best level is above the 2 descending yellow trendlines and the resistance zone at 57. Why there? Because we will be above all the bearish structures with a high probability of a new bullish trend starting. The idea here will be to look for a corrective movement once the breakout happens (like the green circle)
The main goal of this post is to provide relevant information in terms of structures, zones, and trading possibilities to anybody interested in NIO. Remember: Protect your capital, do your own research, and always plan what you want to trade in advance.
Thanks for reading!
People make mistakes, Money don't!We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market.
I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions. Whenever we have a positive money flow (influx)in the market, prices will go up. The opposite is also true! if we have a negative money flow (outflux), prices will go down.
Evaluating the money flow must become a habit for long-term investors and short time traders. Because investing in an asset with a negative money flow (outflux) will almost always waste your time and capital as a long-term investor! On the other hand, money flow creates lots of trading opportunities for short-time traders in any market!
This reality is not ignorable, and those who ignore it will pay for that. I usually follow the average trading value to evaluate the money flow of the trend and how strong a trend is. Having said that, we can redefine the bullish trend as prices going up plus money influx, and the bearish trend is when prices go down and we have money outflux.
To have a better idea let's review this on the charts:
NASDAQ:TSLA Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 48 Billion in June 2019 to 844 billion in December 2020 caused an 1863% gain in the same timeframe.
Maximum trading value in one week: 290 Billion, third week December 2020
Maximum trading value in one month: 844 Billion, December 2020
Last week Trading value: 111 Billion (-62% decreased)
Last month Average Trading value: 481 Billion (-43% decreased)
NASDAQ:AAPL Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 134 Billion in January 2019 to 525 billion in August 2020 caused a 288% gain in the same timeframe.
Maximum trading value in one week: 143 Billion, first week September 2020
Maximum trading value in one month: 525 Billion, August 2020
Last week Trading value: 65 Billion (-54% decreased)
Last month Average Trading value: 248 Billion (-53% decreased)
NASDAQ:AMZN
NASDAQ:FB
NYSE:NIO
NYSE:PLTR
NYSE:GME
NASDAQ:BNGO
NASDAQ:RIOT
By now you should be familiar with the power of money in the market and how money flow affects the trend!
Any increase in price without an increase in money flow is not sustainable and creates a profitable short opportunity..!
Moshkelgosha (Sniper Trader)
1st Series of STOCKS Buying Areas!Hi followers and other TradingView users,
My 600th post in TradingView and I need your help (activity) to start a new series. I would like to do something similar with stocks as I do with altcoins.
"Don't put your eggs in one basket." - the old saying but pretty important to achieve financial freedom. Considering that, let's find together some investment opportunities which can start to work for you as fast as possible - properly made technical analysis allows it to do!
I would like to know FIVE of your favorite stocks, criteria to get into the list:
* Name FIVE (max. nr.) of your favorite stocks, full name, and ticker. For example, Apple (AAPL), Tesla (TSLA)...or just ticker, the ticker is a must-have!
* Click the LIKE button of this post.
* Click the follow the get the update as fast as possible.
TOP10 most mentioned stocks get analyzed. I will point out some possible breakout opportunities to buy the strength and corrections to watch. Pointing out some lower levels where your alerts should be set!
I know that the bigger part of my followers has more interest in cryptocurrency but still, try to name your stocks to get into the list, and let's find buying areas for them.
If you look at my related ideas (below of this post), then over the years I have posted quite a lot of stock charts and the success rate of these ideas has been amazingly high!
So, quite an easy task to you, name five of your favorite stocks and you get the investment areas for free, areas that put your money to work for you as fast as possible!
Stay healthy,
Vaido
Technical Analysis of TOP10 Mentioned Stocks!Hi,
First of all, as always, I would like to thank you all for answering your favorite five stocks. Only YOU can make this series happening as good as possible, cheers!
It was the first of many, wasn't so popular as the altcoins series but still, pretty interesting stocks and interesting names on the top of the list. Looks like electricity still dominates the market :)
Here are the top mentioned stocks:
1) Tesla (TSLA) - is an American electric vehicle and clean energy company.
2) Nio (NIO) - is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
3) Apple (AAPL) - is an American multinational technology company.
4) Alibaba (BABA) - is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.
5) Amazon (AMZN) - is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
6) Palantir (PLTR) - is a public American software company that specializes in big data analytics.
7) XPENG (XPEV) - a Chinese electric vehicle manufacturer.
8) Jumia Technology (JMIA) - an online marketplace for electronics, and fashion among others targeting several African countries. The company is also a logistics service, which enables the shipment and delivery of packages from sellers to consumers.
9) Coinbase (COIN) - is an American company that operates a cryptocurrency exchange platform.
10) Pinterest (PINS) - an American image sharing and social media service designed to enable saving and discovery of information on the internet using images and, on a smaller scale, animated GIFs and videos, in the form of pinboards.
11) JD.COM (JD) - is a Chinese e-commerce company headquartered in Beijing. It is one of the two massive B2C online retailers in China by transaction volume and revenue, a member of the Fortune Global 500 and a major competitor to Alibaba-run Tmall.
As promised, I will do technical analysis for top mentioned stocks. To be said, I will add some more, especially some stocks to my followers from Estonia.
Firstly, my technical analysis consists of buying opportunities from lower levels. I tried to identify some interesting and strong price levels which may play an important role in the future. Obviously, you should make your own fundamental research about the stock you want to invest in, and I'll just try to help you with technical analysis. The best investments consist of good fundamentals and good technical analysis. Technical analysis is like the cherry on the top of the pie, it helps to put your money to work for you as fast as possible.
Important to mention that these lower prices are zones, some of them are quite wide but still, it should give you a clue to where your eyes should be pointed. Also, some of them are quite deep but I don't care, I know that if the price reaches there I'm ready. Preparations should be done early!
Secondly, I tried to point out some breakout areas. Areas that are important to break before we can "sure" that the growth of the stock can continue. We don't buy randomly, we are smart, we want to make sure that our investment starts to work as fast as possible, we don't want to guess. So, the breakout possibilities are the key to higher prices, let the price show us that it is capable to go higher, as said we don't guess, let the investors show that they want to pay higher prices to buy the stocks.
Ready - set - GO...
1) TESLA (TSLA)
The current price action shows that the strongest zone to keep an eye on should stay around $450. A lot of strong criteria matching inside the shown area!
2) NIO (NIO)
A bit riskier than Tesla but technically around $25 your alerts should be set. A bit strange PA, it can fall even a bit lower but I'll try to keep you posted! Something good from fundamentals will help ;)
3) AAPL (APPLE)
After the break below the black trendline, the price can reach as low as $100, if you still wait for a bigger correction then $80 is also technically a great spot to grab it. Usually, these top market cap stocks just don't correct too deep, they are always too expensive - but good things are usually expensive ;)
Buy the strength after the price of Apple has reached above 145-150 and you can grab it during the retest, as shown on the image.
4) ALIBABA (BABA)
After quite a bad recent fundamentals, the price of BABA taking some hits but it has reached an interesting zone. The zone is quite wide but if you are looking to invest in BABA then technically the zone in front of you!
5) AMAZON (AMZN)
Buy the strength after the new ATH and you can jump in during the retest. The lower level is far far away from the current price. As said, preparations should be done and this is the zone from where I'm interested in it. I don't care when and why it should go as low as $2000 but I know that if it goes I'm ready!
6) PALANTIR (PLTR)
The "safest" way is to buy the strength. If you are waiting for lower prices, yes you can get them but technically there isn't much to support the price. Only around $15 something tiny but in general cannot recommend any price levels lower than the current price.
Let the investors show you that they are interested in Palantir, let them "risk" and drag the price above $25, you can step in after that confirmation during the retest! Let them risk?! Risky, because $22 to $24 can play as a strong resistance and your investment may get stuck for months/years. As said, we need to put our money to work from high-probability areas.
7) XPENG (XPEV)
Trading inside the buying area! I don't know almost anything about XPEV fundamentals BUT if you know, you have done your research, and if this matches with my TA then go for it!
8) JUMIA TECH. (JMIA)
Quite a good rejection from strong support area which previously was resistance. A lot of buying power, wait for a little throwback and it should be technically a great investment.
9) COINBASE (COIN)
There is no point to do TA. because we just don't have enough history for proper analysis. Only zone what would be interesting, 50% drop from the IPO and that means buy it around $190 ;)
10) PINTEREST (PINS)
Keep an eye on $33- $45. Clean, simple, and strong! Just be patient!
11) JD.COM (JD)
Keep an eye on $45- $56. Clean, simple, and strong! Just be patient!
Hopefully, you got something from this series. Do your own fundamentals and if this matches with my TA you are ready to go!
Invest like a sniper, not a machine gun. Everything comes to you at the right moment. Be patient! Pick very carefully and trigger the kill shot!
Have a wonderful weekend,
Vaido
NIO END GAMEMore pain then moon just like every equity in correction mode.
-Third-wave Elliott wave down to finish correction at a maximum retracement.
-Was in a bearish rectangle/pennant inside of a broadening formation. Closed below upper support levels...
-Inflation will keep slamming and this will keep dropping for now.
Bright future for this stock. Make sure to trade it well and invest from the bottom.