NIO: Buy ideaBuy idea on NIO as you on the chart because we have the breakout with force the resistance line by a big green candle.Thanks!
NIO trade ideas
NIO AnalysisPrice played out nicely as analyzed last week, giving us a +21.55% move before the retracement. Price has taken liquidity above 10.03 and has show a very strong rejection at that area. I'm expecting price to make a bearish retracement from here, potentially into the bullish POI at 7.92 next.
Bullish Alert : NIOBullish alert with good price action and coming test of the ema 1d on the ema 50d.
The most recent trendline was already broken.
$NIO - Breakout From a Falling Wedge Pattern1. PATTERN: Falling Wedge
2. TRADE TRIGGER: Breakout with an above-average-sized (open to close) bullish candle and above average volume.
3. TARGET: Outlined resistance area - previous support.
4. STOP-LOSS: 1 ATR, or 1x the average candlestick size (last 14 periods) below the 10 EMA.
5. RISK TO REWARD RATIO: abt 2.90
6. POSITION SIZE / RISK MANAGEMENT:
a) No more that 1% of your total equity at risk on an single trade, therefore: (Stop Loss (set logically as per above) / Entry Point) x 100 / Total Equity < 1
b) No more than 30% of your total equity at risk at any given moment
7. IMPORTANT NOTE: Remember that drawing lines on a chart means nothing if you do not command and deploy thorough risk management principles and rules.
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Potential flag/ cup breakout impending on NIOMoC pointed out this stock and after looking at it, it has the hype of EVs with growing international stock momentum. NIO has formed my favorite cup + flag combo and has broken multi month resistance. A call setup with a 11$~ strike and July 21st ish expiration is a strong potential winner.
Teslas ninja bro - chopping before move to $13.50Tesla, Lucent, Rivian, Nio not too many new names entering the scene in the last year... Nio will boost the worst has been put in. IMO 6 month call options OTM $13 plus should be pretty safe. Lots of potential direct or indirect headline catalysts here through EV, AI, and Tesla tailwinds.
NIO (log scale)NIO is starting to move upward after forming an ending diagonal. This is likely a larger trend continuation and the wave 5 could extend to new highs.
NIO to SMA50, at 8.5NIO is a stock that is recuperation after too many weeks going down.
I think it could go to $8.5 or even $8.6.
The perfect moment to enter is right now. But I'm going to be updating.
Always using a stop loss SL, that can stay at 7.35
NIO finally set to break its awful form?Now that the bearish OB has been mitigated after a move up from the previous OB, I expect an uptrend for the coming period!
NIO: Buy ideaBuy idea on NIO as you see on the chart because we have the breakout of the vwap.Thanks!
Nio going bullish Beside nio reports with negative news it seems to have a bullish trend occurring needs to pass 9.74 to be safe 10 dollars before running to 14 then 22
NIO Rejected on 1W Order BlockWe can see a clear rejection on the 1W chart for NIO. On the 4H, NIO has just choched. Stoploss should be placed below the order block, aiming for the last top.
Falling Wedge Pattern Spotted on $NIOPotential Bullish Reversal: Falling Wedge Pattern Spotted on NYSE:NIO
Greetings, fellow traders! Today, I bring your attention to an exciting technical pattern that has emerged on the stock of NIO Inc. ( NYSE:NIO ). A falling wedge pattern is forming, indicating a potential bullish reversal on the horizon. Let's delve into the details!
📈 Ticker: NYSE:NIO
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling Wedge Pattern:
A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. It typically occurs during a downtrend and signifies a potential reversal. This pattern suggests a decrease in selling pressure, with buyers potentially taking control and driving the price higher.
🔍 Identifying the Falling Wedge on NYSE:NIO :
Upon analyzing the daily chart of NYSE:NIO , the following observations come to light:
1️⃣ The stock has experienced a recent downtrend, with lower highs and lower lows.
2️⃣ Two converging trendlines can be drawn, with the upper trendline connecting the lower highs and the lower trendline connecting the lower lows.
3️⃣ Decreasing trading volume as the pattern unfolds, indicating a potential decline in selling pressure.
📈 Price Targets and Potential Trading Strategy:
Should the falling wedge pattern on NYSE:NIO play out as expected, a bullish breakout above the upper trendline could trigger a reversal and potential upward movement. Consider the following price targets:
1️⃣ Target 1: Resistance level near $50.00
2️⃣ Target 2: Psychological resistance near $55.00
🛡️ Risk Management:
Proper risk management is crucial when implementing any trading strategy. Employ the following risk management techniques:
1️⃣ Set a stop-loss order below the lower trendline to protect against unforeseen price fluctuations.
2️⃣ Adjust position size in accordance with your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
Keep a close eye on NIO Inc. ( NYSE:NIO ) as it continues to develop this falling wedge pattern. The formation suggests a potential bullish reversal in the near future. However, bear in mind that technical analysis has its limitations, and market conditions can swiftly change. Consider integrating this analysis with other pertinent factors before making trading decisions.
Disclaimer: This post serves for informational purposes only and should not be construed as financial advice. Always conduct your own research and consult a qualified financial professional before making investment decisions.
Happy Trading! 📈💰
#TechnicalAnalysis #FallingWedgePattern #NIO #BullishReversal #TradingView
Long THatHeads up, if it gives the little (5), i would advise buying a pullback.
Little 4 of an ending diag got destroyed. Its one of the signals that the reversal is happening, lets wait for more
-Motive wave
-Full retracement to the beggining of a diag.
NIO: Buy ideaOn NIO as you see on the chart we have the breakout with force the resistance line so it's mean that we will have a big probability to have an uptrend.Thanks!
NIOWedge break on exploding volume, in oversold conditions gapping above 50SMA. pt1 is 10% away if market gets legs watch this closely
NIO AnalysisPrice playing out nicely as analyzed last week, giving us a +14.23% move to the upside. No changes to my original expectations, expecting price to continue higher into the fair value gap at 9.45 next.
NIO: Buy ideaOn NIO as you see on the chart we will have a big probability to have an uptrend because we have the breakout of the vwap indicator...! Thanks!
NIO weekly chart Last closed candle is long leg doji near the end of falling wedge. Next close candle will determine price breaking up or down. From what I see, I see price up have a higher percentage combine with the RSI now.
NIO-BULLISH SCENARIOOn June 9, Nio (NIO -0.77%) released its earnings report for the first quarter. The Chinese electric vehicle (EV) manufacturer experienced an 8% year-over-year increase in revenue, amounting to approximately $1.55 billion in USD, falling short of analysts' expectations by $80 million. Meanwhile, its adjusted net loss more than tripled to $604 million. Despite this, Nio managed to surpass consensus forecasts by reporting an adjusted loss of $0.36 per American depositary share.
Although these figures present a mixed picture, Nio's stock price remained relatively unchanged following the report and continues to hover around 90% below its peak value reached in February 2021.
Back in 2016, Nio gained considerable attention with its E9 electric supercar. However, the company did not proceed with mass production of the striking $1.2 million vehicle. Instead, it currently focuses on selling a diverse range of electric SUVs and sedans.
Nio sets itself apart from competitors through its network of battery swapping stations, allowing drivers to swiftly exchange depleted batteries for fully charged ones. The company charges a monthly subscription fee for its "Power Swap" service and provides discounts on vehicle purchases to customers who subscribe during the initial transaction.
Over the past five years, Nio has significantly increased its delivery volume. However, in 2022, the company faced challenges due to intermittent COVID-related lockdowns in China, disruptions in the supply chain, and adverse weather conditions in specific regions.
The next price target is located at $ 10
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