NIO trade ideas
NIO - Will Rise From Ashes 🦅Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 NIO has been overall bearish trading inside the falling wedge pattern, and it is currently diving inside a weekly demand zone 6.5 - 10.0
The bears are still in control managing to make new lower lows. But, we can clearly see that the impulse movements are getting flat and small.
This signals an early alert that the bears are exhausted. However , it doesn't mean that bulls are in control yet.
🏹 For the bulls to take over, hence have a long-term shift in momentum, we need a break above the last major high in gray.
📊 Meanwhile, until the bulls take over, NIO can still dive till the lower bound of the demand zone around 6.5
📕 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Ascending triangle - which way will it break?Ascending triangle, something to keep an eye on. Usually a bullish pattern but that's after an upward trend and this started after a down trend so not sure. Would be interested to hear other's opinion.
NIO formed ABCD pattern; $10 SOLID SUPPORTRSI rising. Solid support at $10. ABCD pattern over extended, price ready to move up. Three price targets for 2-4 months.
NIO AnalysisPrice consolidated since my last analysis. My expectations remained unchanged, expecting price to continue lower and taking out the equal lows at 9.50, and potentially into the bullish POI at 7.90.
$NIO - BEARISH Flag Setups $5 TargetNio has undergone multiple Bearish flag setups and is now also formed another bear flag for a potential leg down to the $5 range. This could drop down to as low as $1 support.
NIO: CHART UPDATE / SUPPLY & DEMAND / FULL BREAKDOWN & RSI DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of NIO STOCK. As an update to my previous chart on NIO this chart features a much more clear interpretation of where price action can head in the near future.
POINTS:
1. Deviation remains the same. MACRO DEVIATION = 10 POINTS, MICRO DEVIATION = 2.5 POINTS
2. Current Trend: Symmetrical Triangle Pattern
3. Earnings Report 03/23
RSI:
1. Pay Close attention to Lower Lows in Price Action & where RSI tends to reset at those given points.
2. Notice how RSI is showing sideways momentum in OVERSOLD territory for NIO this is usually indicative of an upcoming shift in momentum as SELLING BECOMES EXHAUSTED.
IMO: Let's take into consideration that lately COMPANY FUNDAMENTALS have not reflected onto NIO's STOCK PRICE but I would also take into consideration just how beaten down this stock is and where China's economy is currently headed.
SCENARIO #1: In a BULLISH scenario price action holds above 10 & sees next move up to 12 to confirm continuation of current setup before another possible retest of 10 as a SUPPORT. BREAK OF 13 would be a BULLISH entry point imo.
SCENARIO #2: In a BEARISH scenario price action loses 10 as a SUPPORT and will rely on 9.50 as a SUPPORT if this were to break SUPPLY & DEMAND CHANNEL will rest between 9.50 & 7 digging an even deeper pit for NIO to climb out of.
FULL CHART LINK: www.tradingview.com
NYSE:NIO
NIO AnalysisPrice played out nicely as analyzed last week, filling the fair value gap at 11.17. No changes to my expectations, expecting the lows at 9.50 to be taken, and potentially the sell-side liquidity built in November 2022 to be taken too.
NIO INC Stock Analysis Target Price 5 USD only if the support line of
the channel is broken.
It is a bearish market - so do not go long now!
Hold or go short only if the level of 10.00 USD is
broken for more than 2 days of Market
NIO looking bullish on 4hThe price action may be trying to form an inverted head and shoulders (currently in the process of forming the right shoulder). The RSI seems to be bullish and creating an ascending triangle seem to have completed wave D and now waiting on wave E which should be the breakout wave bringing the RSI hopefully into the overbought territory.
Nio reversal time I can see 5 pivots down and a pending reversal
Expecting a renaissance for ev stonks
Bull div on weekly
China leading world econ out of fakecession
GRI Industry4
NIO seems to be inbound $15On the 4HR and 1D it seems like we can bounce back to mean price from around $10.
Stance is neutral, will take profit at $15, be cautious of downside but I think we may gap up first, then towards $20 if this rally lasts into early Q2.
$7 would be the floor if price rejects.
Stay safe.
NIO AnalysisPrice playing out according to my analysis last week. Price is currently mitigating the bullish POI at 11.17. There is no signs of change of character on the lower timeframe. I'm expecting price to invalidate this bullish POI and take out the equal lows at 9.50.
NIO didn't break, but is close to the 2022 POCNIO is currently trading near the 2022 Point of Control (POC) after failing to breakout at the top of the descending channel. This presents a great opportunity for investors to capitalize on a potential rebound in the stock price. Although NIO didn't breakout at the top of the channel, the current stock price level presents an attractive long-term opportunity for investors to benefit from the potential upside in the stock. With the stock price near the 2022 POC, investors should consider taking advantage of this opportunity to get in before the rebound.
*Testing AI generated text*
Cheers!
Bear Flag Break out, target 6.50If Bear flag plays out, price target at about $6.50. Lack of historical support from original rally. RSI may head back down to over sold before any probability of recovering up.
$NIO - Price Target $5 - Continued BEARISH Flag SetupAs you can see, a mountain top has been formed with a base at the $5 to $1.50 range which will be the price target. It will take sometime but heading there as it is still forming the bottom of the mountain. It also rejected and could not get over the downward channel (right side of mountain).
$NIO earnings play 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Entry: $21.31
Take profit: $27.50
Stop loss: $20
If you want to see more, please like and follow us @SimplyShowMeTheMoney
NIO AnalysisPrice playing out according to my analysis last week. Price has given a confirmation to go lower from here. I'm expecting price to continue lower, at least into the lower timeframe bullish POI at 11.17, and possibly equal lows at 9.50.
NIO BEARISH BAT BEARISH HARMONIC PATTERN
Still not valid until price close above B .
If the pattern is activated the target will be point D which is the completion of the pattern and expect a 38% retracment.
Trend change in $NIOAs $NIO is running into the long term downtrend line this could creat an interesting setup.
Need to wait if it breaks or fail.
Nio - very close to major breakout. Big upside potential.Break of the down trend resistance line could mean major upside or a small relief rally. Regardless, money to be made.
Breakout on $NIOAnother possible breakout on $NIO. If Elon goes well, the rest of the EVs companies share that fate. Plus, is a China stock.
QUICK LONG ON NIOlong spot aiming at >12$. gl bois. china should see green from this mornings moves it there turn to pump it some (hopefully) got some march options calls idr the exact ones.
