NIO Adam and Eve double bottom / DragonNYSE:NIO
Nio has been in the new recently so i decided to take a look at the chart.. and heres what we can tell
beaten down Chinese stock that has already started to bottom out...double..bottom..out lol
not only it is a double bottom but its a near perfect representation of an adam and eve double bottom. POTENTIALLY
which would make setting PTs for this fairly straight forward.
ALSO with that double bottom the large structure looks to be that of a Dragon with a very clear spine.
again which would make setting PTs for this even more straight forward
however you'd like to look at this chart one thing seems for sure/ from a purely technical standpoint this asset looks like it has plenty of upside to run.
let me know what you guys think in the comments.
and as always , happy trading
NIO trade ideas
$NIO Analysis, Key Levels, and Targets$NIO Analysis, Key Levels, and Targets
So I don’t have a NIO position at the moment, but I did yesterday… I closed my options out in January and for a 17% move in NIO I took 25% on my options…. Not a bad day, and it was just a 1 day hold… and when NIO dips I’m buying again…
I like NIO, and to me it’s starting to look very bullish. It’s likely to become one of my regular plays again along with RIVN and LCID. I might even play TSLA again at these levels. I do believe that EV companies will do well in the next few years.
Any other EV or FuelCell companies on your radars??
—-
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
RSI determines where we go next on NIO! NIO as predicted in my last post, we saw trend resistance act as support for the 2nd time and bounce. also bounced off the RSI support mentioned.
Now we are at make or break it resistance on RSI, many rejections from this level in recent history so we must pay attention to it now!
if we break above RSI level the rally to 18.44-24.15 continues, but if we see another rejection on RSI then a dip to 12.22 is possible.
please don't forget to like and follow if you enjoy my analysis, thank you! :)
so lovely, Im in love with NIO stock <3very happy with china plays recently, performing so well compared to most other plays. last week I hit 1,100% on baba and today my nio calls hit 500% overnight, and I'm not surprised they already ran this hard!
anyways its creating a nice bullish trend channel now and anyone who entered yesterday got the perfect dip entry, short term targets are still 21.88-26.36
please dont forget to leave a like and follow if you enjoy my analysis, thank you :)
#Nio long trade idea based on VP analysisNio was a bullish stock until the China fears took over the market. It still commands a good brand recall in China and should recover its price crash as China unlocks
The chart also suggest a squeeze breakout and volume study gives us probable targets for the immediate short term . welcome comments and dissenting views
Long at $16It's looking like the bulls lost strength on Friday and it may continue tomorrow but the trend looks good for a long around $16. This level appears to be oversold levels combined with ER speculations I think there's an opportunity for a swing set up. Stop loss at $15 Price target >$18. Definitely out before earnings.
strategy for NIO FRIDAY 06/03/2022Hello Trader: NIO. opens with bearish movement then pulls back. our bullish entry above (19.08) next resistance (23.98)
our bearish entry must be below the (POC) control point (18.50) the usual thing is, when it breaks a control point look for the next control point (17.50) reaching the low of the day (16.99)
NIO Possible Short Setup with Anticipated Poor ER 6/9Still below the 200 EMA on daily Chart. Closed today below yesterdays High. Overbought territory on almost every timeframe below the daily chart. If it rallies from 10.36 and breakout of wedge, could have nice returns as stock recovers with upcoming reopening of China for future Quarters of 2022 going into 2023
NIO: Deliveries up YOY!!NIO
Short Term - We look to Buy at 16.34 (stop at 11.63)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. They reported a 11% year on year rise in deliveries which is good fundamentally. The trend of higher lows is located at 14.00. This is positive for sentiment and the uptrend has potential to return. Further upside is expected although we prefer to buy into dips close to the 16.00 level.
Our profit targets will be 27.48 and 32.00
Resistance: 24.00 / 34.00 / 45.00
Support: 16.00 / 12.00 / 5.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre
NIO finally hitting our first target ! lets go 🚀also notice its breaking the local RSI resistance we struggled with last time, but extreme RSI resistance is still there.
If this final resistance can break expect continuation rally to 21.88-26.36 and higher in the next few weeks or so. good luck! and don't forget to like and follow if you enjoy my analysis :) thank you ♥
NIO LONG SHORT LONGSo i forsee this harmonic playing out if we get a bounce from the golden pocket and range value area low.
The stop loss is kind of vague for the long trade, so the best trade would be the short from C with stoploss above A and then take it down to the un tapped weekly at 11 dollars.
Then switch for a long trade/possible swing trade.
No financial advice, just my opnion.
NIO Cars Have Four Wheels & A Double Bottom?NIO Cars Have Four Wheels & A Double Bottom?
I am confident that NIO vehicles have four wheels and a double bottom pattern on the daily chart.
Expected move-From the neckline to the peak of the pattern is approximately 10 bars or 10.99 ticks.
What confluences further influenced my position on NIO?
-9 MA approaching the 21 MA for a crossover
-Broke above the weekly timeframe resistance zone
-Bullish Harami pattern spotted on 4H chart.
*Special note- NIO gapped down January 24, 2022. The gap size is approximately 5.08% or 1.32.
The reasons aforementioned is the explanation for my bullish stance on NIO.
*This is not financial advice.
Peace & Prosperity,
MrALtrades00
NIO, after the crash.Long time ago i published a comparison of APPLE in 2000 (and the following years) versus NIO in 2020
Seems like the 80% crash that was supposed to happen as the bubble burst happened, and this MAY be a buy point for a HODL for the following years, expecting if not the same returns as apple during the last 20 years, at least something not TOO far.
Linking the previous analysis below :D