Niosignal
NIO potential breakout with multiple confirmationsNIO is currently in a volatility squeeze and has broken the significant level within the trend pattern that has led to a large break out multiple times (Within the current trend)
One precaution to consider is that the uptrend is getting a little long in the tooth when looking at it from a Fib Time Zone extension perspective
NIO should close the GAP - entry levels LONGNIO is going higher and higher. This company has significant potential. But the stock seems to be a little bit overbought. It is not a healthy UPTREND. NIO should close the GAP and go back to $58. It could be a good opportunity for buyers.
ENTRY LEVELS LONG:
$58.80
$55.34
$50.11
NIO second wave is coming ?
Well, at the first rush with NIO, I admit, I bought the stock twice, both of them I saw huge percents in couple days, so I sold it out.
My biggest dream is that NIO will start their rush all over again, so I could handle like I know, and not run away when the profit is way too high.
those days, I watch carfuly about NIO, witch I belive, didn't finished yet.
As I see it now, we had 3 green days in a raw, with great gaps at the every opening,
All of that happen after Fibonachi gave us the support at the second time!
Last thing, when the electric cars stock going up, it's effect the all other stocks in this category. And I belive I do not need to tell you about TSLA stock.
next day of trading I will place my posiotion, I want to take the ride up fromwhen it starts!
This stock need to checkout once or twice a day, It's tricky position, but I belive it's definitely worth it .
And, of course, limit command is must as always :)
Trading this stock is by your own risk.
NIO = Santas Gift to AllMany get worried when seeing a hype stock like this correct and move sideways as it is now... I on the other hand love times like this. Nio is preparing for a decision, and its direction will quickly be determined with the upcoming price movement as we move toward New Years'.
As we come to a decision point for Nio, we look at a few levels. I'll be watching the $38 level as support and a neckline for a possible head and shoulders pattern. Moving forward, I do believe NIO will hold strong and make its continuation, along with many others in the EV bubble (TSLA, PLUG, FCELL, etc). I think now is a great time to load up on long-term shares and potentially a small position on calls expiring in February or later.
Happy Trading!
DCJ | Happy Holidays
NIO LongNio got beat down with the china news like many other tickers. I think it started forming a base and was holding it friday.
DO NOT enter NIO if money isn't flowing into the EV sector. Follow big money.
Entry: 40.57, 40.51 (golden box)
SL: under 40.09 (.5 fib)
Short term PTs: 47.84, 53.65
Long term: ATH, 59.17-61.86
If u need confirmation wait for a break of the dark green 1/3 trendline and get in on the retest as support
There is FOMO and then there is NIO ! After a crazy November for EV market and random EV stocks shooting up left and right, we need to say bye to the FOMO on EV and get back to reality.
So here I compare NIO, Xpeng, Li auto -just tried to focus on the main 3 Chinese EV stocks.
As we can see NIO has corrected to the 50 FIB line which is very good for us, the NIO investors, because this is the only way the stock can do its next move up – the stock was to parabolic to keep going up and this correction stables NIO on the 42$ line which means from here we have a safe ground to go to the next level (notice the 42 line in the image below and you will see it’s the POC of the volume acting as support).
I didn’t do the wave analysis lines on this chart to try and keep it clean and not too messy but if I did add it you would see we are in the end of the impulse wave and we may experience some convergence.
BUT the fundamentals on NIO are positive, the company keeps growing and delivering more cars, and backed up by government funding and the blue-sky act in China, as I always mention because this is NIO’s strongest card.
Xpeng is showing tremendous growth and deliveries of cars keep increasing, I am long on Xpeng just like I am long on NIO and the EV FOMO is over but NIO and Xpeng are here to stay in my opinion.
So the bad news is Mr. Andrew Left from Citron research – the notorious short seller has put a target on NIO as his next short but I really don’t think it will stop the stock from climbing but it sure will slow it down and make it retrace for a while.
If you don’t share the vision about NIO please check out their battery subscription program, that is pure genius and will bring a big revenue stream to the company along the years – I will not go into too much details here, just mention if you own a NIO car and you have the subscription you can stop and get your battery replaced to a new fully charged battery in less then 10 minutes and then be on your way, these stations will be spread all across China and will be fairly accessible.
So to sum up : the technicals are showing us a strong support from the volume side on the 42 line and the next move will be to the 47 line where stock will rest for a few days and then jump above the 50$ as consumers will come back to NIO after the “shorting” period has ended.
I’ve been long on NIO since it was 7.6$ and it paid off – this stock will cross 100$ by Q2 of 2021 that is my opinion , lets hope you will stay to enjoy the ride 😊
Trade safe.
1H time frame :
$NIO BUY THE DIP!Alright a lot of you probably interested in this one, NIO been pulling back much less than it's peers and for good reason. They practically own the infrastructure space in China for EV at the moment with their services and battery swap stations. Any weakness in this name be a good reason to add shares for longer term. I been selling weekly puts for over a month now on this name trying to acquire shares without luck, but getting paid to wait is not a bad idea. This be the time to start going in. I sold more puts for $40 and $36 today. If it pulls back to the $30 area, I'm going to back up the truck on this one. Support areas around $41, $38 and $33, should not go lower than that, if it does, load up on those leap options.
$NIO- NIO INC1Month View
Auto Fibs
Moving Average MA 200
MacD
As you see, my circle is where I bought some shares and turned my head and it dropped. Wasn't really expecting that but Im thinking for the positive.
Lets Go NIO!
Could we probably see upside with NIO?
What's your thoughts and how high?
NYSE:NIO
NIO speculative bubble 75.438B Market CapI wrote this article because i am often asked if it is late to invest in Nio.
I was the one who told you that Nio is undervalued at 7.9 usd:
Now i am here to warn you about the potential risk of entering a speculative bubble!
The 75B Market Cap of NIO is higher than Daimler, BMW or Audi.
By the way, Daimler(known as Mercedes) sold in the Q3 772,700 cars while Nio sold in Q3 12,206 EVs in Q3. BMW Group sold 675,680 units in third quarter. Daimler Market cap is 59.909B and BMW is 47.587B. I know that they have the disadvantage to be European producers and not American or Chinese, but their cars are fantastic!
And to be honest, i wouldn`t trade my german BMW for a chinese NIO car!
The indicators are still looking bullish for Nio. This was just a market cap wise warning.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
EV stocks hype -BUT not enough focus on the Charging side!
So we are looking at an overdue EV full force entry in the market - seems like every day we have a new reverse merger with a SPAC company to IPO another EV maker we never heard of ....but the main focus is missed by many investors - Charging stations and Battery makers.
Here we will discuss the two companies currently in the lead of the EV charging race.
First we have Charge Point -established in 2007 and currently owns 73% of market share of EV charging ! that’s big ! imagine Gas stations 70 years ago, estimations are we are looking at a 25 Billion $ market size by 2025.
Their CEO of Charge Point expects over 190 Billion by 2030, and to stay the biggest player in the EV charging game.
Charge Point currently has over 80 million charging systems and hundreds of thousands of users, and a very user friendly in house app that helps the user locate the nearest charging station near him.
The acquisition of SBE on Charge point will be finalized in the next few weeks, SBE stock already made a tremendous jump the last 2 weeks, nearly DOUBLING the value.
Lets look at the Technical:
Stock broke resistance level on the 9th of sept and in less than 2 weeks nearly doubled its value from -15$ to28.6- major rally up.
Both RSI and Stoch are showing us overbought along with a huge rise in market cap but if investors have 2% of common sense i would expect a stock that holds 3/4 of the EV charging market in the US to keep rallying and pass most EV makers by a mile.
The second stock on the chart and the one that gets most of the attention is Blink Charging.
Founded in 1998 and reported revenue growth of 84% to $3.8 Million in the last 9 month, and sold about 700 charging units its seems Blink is on FIRE!
After browsing in their products catalog I was officially impressed, their products are well branded easy to use and very intelligent – they even sell a mobile emergency charger that can be stored in your trunk!
The other good news is Apple announced they will add Blink chargers on apple maps and allow the driver to easily locate a suitable charging system to his vehicle nearby.
One thing we should remember about blink is the big drop the stock experienced in august, following the analyst Culper’s Research which claimed company had less than 2.5k chargers and not 15k as they initially claimed.
With much less market cap the Charge point buy more years in the game and better known brand it seems as Blink will definitely fight charge point for the massive market share that is expected to be 14% of the total market value in the USA.
Blink Technical overview:
So very similar to SBE the jump Blink did is purely massive! RSI and Stoch are over bought - RSI candles through the whole rise showing us there is a lot of volume and drive behind this rise -but I am stating the obvious.
Blink stock couldn’t break through the 11$ line till the 16th of Nov and from there gave a +230% rise - expect a correction but I wouldn’t expect it now, as the EV market is still rallying massively. if analyzing the impulse wave the stock is experiencing at the moment, I would say this stock will rally all the way to 30$ mark and from there will give a 2-3$ correction before going further
one thing is sure -the EV charging market is huge and must be seen as one of the biggest opportunities we as investors are experiencing and shouldn’t be missed !
if you would like me to cover another EV charging stock please send in comments
Trade safe and invest smart!