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NIO

NIO Long - Bottom is in and up we goAs you saw in my earlier ideas, NIO has had a huge correction over last few months. After the huge drop to $32, we saw pullback. We then saw 3x more drops to $34, this is now support. The price then dropped to $35, a higher low. Then we saw price $36, another higher low. As you can see the bottom is now in and major resistance levels formed at $36.50, $36, $35 and $34. I have been averaging down all the way from £48 down to $34, bringing my average buy price to $36. I am finally in the green. You can see the price is currently trading in an upward channel. I expect price to reach £40 in coming days and break upwards. We are getting higher highs and higher lows. Clear change in trend! Happy trading.
NYSE:NIOLong
by msss2019
Looking for an entry before earningsNIO has earnings on 4/29. NIO usually likes to rally before earnings. So I'm looking for a buying opportunity right now. I'm not holding on earnings day, I will probably sell a day or 2 before earnings after reaching my profit targets. Playing earnings day is a gamble, that's why I always sell before earnings. Buy the hype, sell the news. Yesterday NIO broke the resistance line, I would like to see NIO to go down and test the (now new) support line and see if it holds If it does hold, and it bounces back up above the resistance line (yellow dotted line above) then I'm very bullish(edited) If it fails it'll probably fall down to $35 again, and then start moving up
NYSE:NIO
by MoonBets
1
Bullish Trade Plan for NIONYSE:NIO NYSE:XPEV NYSE:TM NIO has broken out of the triangle and given us bullish confirmation as I predicted. SM shows the squeeze has been released with positive movement, Golden cross of the 21 and 50 EMA shows overall movement is bullish movement. With the event till the 28th, I'm very confident we will at LEAST hit the first two PTs. First price I am expecting is 38.99 hopefully by the 23rd if it can reach it with no problem we should see 41.86 by the 27th. If all goes well we should be looking at the $41-43 by the end of the month. Looking forward to this, and hoping we all make some money!
NYSE:NIOLong
by greg_trades_
1