Bullish on NioElliot wave 5 completed.
Falling wedge pattern confirmed.
First target: 10.44 (elliot wave)
Falling wedge target on chart.
Good luck.
NIO trade ideas
for bakiThe rsi is low and near where you would expect a bounce but its still pointing down. The wix indicator is near its range low and turning from downward to flat then hopefully upwards but we will wait for a green dot with confirmation of rsi at 30% ish. MAx 1.5dollar loss compared to 100s% gains its a good bet.
NIO Fibonacci NIO approaching Fibonacci levels 0.618 at $5.56, I’m also waiting for bullish divergence to form on the 4H timeframe which has not occurred yet, so I see continued downside for now, we may be getting close to the turnaround again maybe near 0.618.
NIO BACK TO 10 BY 2025 !!NIO’s stock has potential for growth in the coming years due to several factors:
Analyst Predictions: The 8 analysts with 12-month price forecasts for NIO Inc. stock have an average target of 11.31, predicting an increase of 95.67% from the current stock price1.
Earnings and Revenue Growth: NIO is forecasted to grow earnings and revenue by 55.5% and 22.4% per annum respectively2.
Competitive Positioning: NIO is a significant player in the electric vehicle market, which is expected to grow rapidly in the coming years. It has been able to position itself as a strong competitor, even causing disruptions for established players like Tesla
$NIO Nio cars. Trendline holds the price ?NYSE:NIO It seems like the downtrend trendline has saved the stock... for now...
I haven't sold my position purchased at around $5.80
Nio's Uphill Battle: Losses Mount Amidst Intense EV CompetitionNio Inc., ( NYSE:NIO ) once hailed as a trailblazer in China's electric vehicle (EV) market, faces mounting challenges as it grapples with widening losses amidst fierce competition. Despite strong delivery numbers and revenue beats, the company's annual deficit has expanded, reflecting the intensifying battle for supremacy in the world's largest EV market.
Navigating Financial Turbulence:
Nio's ( NYSE:NIO ) latest financial report paints a sobering picture, with the company reporting a staggering annual loss of $2.9 billion in 2023. Despite posting sales that exceeded expectations, Nio's net loss widened, highlighting the uphill struggle the company faces in turning a profit amidst fierce competition and rising operational costs.
Strategic Shifts and Product Innovation:
In response to mounting losses, Nio's management has outlined a series of strategic initiatives aimed at shoring up its financial position and bolstering its competitive edge. These include prioritizing business objectives, enhancing system capabilities, and optimizing cost management. Additionally, the company is exploring the launch of a mass-market brand to broaden its product portfolio and compete more effectively with rivals like Tesla Inc.
Challenges and Opportunities:
Despite facing headwinds, Nio ( NYSE:NIO ) remains optimistic about its future prospects, leveraging its technological prowess and innovative solutions to drive growth. The company's aggressive promotion of battery-swap technologies and strategic partnerships with key players in the industry underscore its commitment to staying ahead of the curve and addressing consumer concerns about range and charging times.
Investor Confidence and Market Outlook:
Nio's struggles have not gone unnoticed by investors, with the company's US-listed shares experiencing a significant decline this year. However, there are signs of resilience as the company continues to attract strategic investments and forge partnerships to support its growth initiatives. Analysts remain cautiously optimistic about Nio's long-term prospects, emphasizing the importance of prudent financial management and product innovation in navigating the evolving EV landscape.
Conclusion:
In conclusion, Nio's journey underscores the inherent challenges and opportunities in the rapidly evolving EV market. While the company faces significant headwinds, its commitment to innovation and strategic partnerships positions it well for future growth.
Nio earning NYSE:NIO is set to announce its earnings on Tuesday. Will the company be able to rally and show resilience, or will this event mark a potential downfall for Nio? Investors wonder what strategies and innovations Nio might unveil to navigate through this critical period.
NIO; From pain to pleasures Technicals
Within depression zone (market cycles)
Weekly RSI bullish divergence
At major Support level
Financial Risks and Solvency:
NIO Inc. has shown significant growth in revenues, with total revenues reaching RMB19,066.6 million (US$2,613.3 million) in the third quarter of 2023, marking a 46.6% increase from the third quarter of 2022 and a 117.4% increase from the second quarter of 2023. However, the company has also been facing financial risks, primarily due to its net losses and the capital-intensive nature of the electric vehicle (EV) industry. The net loss widened to RMB4,556.7 million (US$624.6 million) in the third quarter of 2023, indicating significant spending on research, development, and expansion.
Market Stability:
NIO operates in the highly competitive and rapidly evolving EV market, which is subject to regulatory changes, technological advancements, and shifts in consumer preferences. While the growing global demand for EVs presents a substantial opportunity, market stability is affected by factors such as supply chain disruptions, competition from both established automakers and new entrants, and geopolitical tensions that could impact material costs and international operations.
Bullish Fundamentals:
Market Position and Growth: NIO has established a strong position in the Chinese EV market, one of the largest in the world, and is expanding internationally.
Innovation and Product Expansion: The company is known for its innovative battery-swapping technology, high-performance vehicles, and expanding product lineup, which could drive future sales.
Brand and Community: NIO has successfully built a premium brand and a loyal customer community, enhancing customer retention and attracting new buyers.
Bearish Fundamentals:
Continued Losses: Despite revenue growth, NIO continues to report significant losses, raising concerns about its path to profitability.
Capital Intensity: The EV industry requires substantial capital for R&D, manufacturing, and infrastructure, which could strain NIO's financial resources.
Competition: Intense competition from both domestic and international players could impact NIO's market share and pricing power.
Financials:
NIO's financial performance shows robust revenue growth but also significant losses and spending. The company's ability to manage costs, improve gross margins, and achieve economies of scale will be critical for its financial health. Investors should monitor key financial metrics such as revenue growth, gross margin, operating expenses, and cash flow.
Conclusion:
Investing in NIO Inc. presents a high-risk, high-reward scenario. The company operates in a growing market with strong demand for EVs and has demonstrated the ability to innovate and expand its product offerings. However, its continued losses, high capital expenditures, and intense competition pose significant risks. Investors should weigh NIO's growth potential against these challenges and consider the company's long-term strategy, market conditions, and industry trends before investing.
$NIO - BEAR FLAG SETUPA very textbook classic bearish flag is setting up. Short at the break of flag for a poential measured dowside to around the $3.60 mark
NIO potential buy setupReasons for bullish bias:
- Price bounced from a weekly support
- Bullish divergence
- Buy stop entry at LH breakout
Entry Level(Buy Stop): 6.51
Stop Loss Level: 5.15
Take Profit Level 1: 7.87
Take Profit Level 2: Open
NIO no hope No hope for return , its continuing its bear trend , there is no confirmation of reversal , no sign of reversal . double bottom hitting now .
Get out of NIO before it becomes a penny stock!!
Long NIO Super BullishNYSE:NIO one of the hottest EV stocks on the market has bottomed and looking to make an uphill clime. One of the best opportunities in the market for a leap options calls this year. Gear up for a rocket ship ride to the rise of EV in the chines markets with NIO being a competitor to TESLA!
NIO READY TO LONG.NIO formed the head and shoulders on dayly chart, the exit from this patren forms a cup
Time to buy a call option.
Nio Wedge BreakoutNio broke out of a descending wedge pattern this past week. The daily MACD histogram has swung back to positive, and has some room to get to a zero line reset or potentially start a larger upside move.
The initial measured target of the wedge breakout would be in the ~ 7.4-7.5 range, which represents a ~ 2.7:1 RR at Fridays close.
LAST CORRECTION FOR NEXT EXPANSIONCurrent side indicated, trend repeating the same cycle position as the recession bottom.
First TP after the bottom lies around the 38.5 price level, resistance at 44.8 level
Recession Fractal
Trade safe, good luck
#NIO#NIO - didn't check fundamental side
But, on M TF I can see Bullish divergence
There are possibilities that #NIO may reach one of the levels that are mentioned on the chart
Risk is High, thats why I have a SL as an exit level
NIO - Will Rise From Ashes 🦅Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NIO has been overall bearish, trading within the falling wedge pattern in red.
Currently, NIO is hovering around the lower bound of the wedge acting as a non-horizontal support.
Moreover, it is retesting a strong support zone at 5.0 marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
📚 As per my trading style:
As #NIO is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
how to use Fibonacci to stop a falling knife (JBLU / NIO)This is a technique I use to figure out where a stock that is falling hard may stop. In many cases, people fail to realize how much further a stock can actually fall, especially when it seems like it is already beaten up. JBLU and NIO are perfect examples, and Fibs can tell you exactly where to go long, or at lest, where to start watching for a safe long entry.
I'd like to hear about what you know about this technique and if you find some stocks that fit the bill, post in the comments and share. Thanks!
NIONIO INC has exhibited a reversal pattern in the form of a Head and Shoulders, suggesting an upward movement toward the first target price (Tp1) and ultimately reaching the final target price as outlined in the analysis.
Just to clarify, I'm only sharing my thoughts on this pair, not offering any trading advice.
What about NIONIO an interesting company to keep an eye on.
Bears are doing their job as hard as they can.. Hard to see a company what is more intelligence and developed than any other EV in the market at the moment.
Well times will change soon, trust me on that..
EU and US are fighting back that NIO would not enter the present EV market, they are afraid that people are loosing their jobs, local car makers are not making big profits anymore etc.
Unfortunately or fortunately, this is inevitable. I am NIO shareholder for a long time now and I see a bright future for them, here ( EU ) or at the overseas.
Their technology is more advanced as ours and the battery charging stations are one of a kind.
How is it possible that this kind of level company is not wanted?
They have all what a developed company need to have to be a player..
I have bought more and more, because the price is very low at this point.
In the near term, there will be a shift between bears and bulls.. all the signs are already coming into play.
If Tesla have all the factories, infrastructure and share price is ~211€ - NIO have more and share price is ~6€ - like what is going on? Are they really so afraid of NIO ?
Best regards, D.G
NIO, TEST DUMMIES NEEDED, BUY THE DIP OR LET CRASH?I like the Chinese stocks
Nio is one of them
There is some downside showing still as far as I can tell
It is leading to an old support trend, however, I don't know if that is relevant anymore.
I like the potential of buy the dip under $5.4
Subject to change quickly.
but right now, bullish on the next decent dip.
Drawn in line is what I'm currently seeing as an ideal scenario, do not follow line, instead follow trends and price targets. Line is often inaccurate, but helps me reanalyze my indicators.
The lowest number I could see was around 2.8 or 2.9. unlikely, but you never know, completely possible.
After 14.9, it can go higher, but a new chart will be needed, and will likely be needed before that point arrives.
NIO - more downside soon? Target 5.50I am following NIO with one eye, now switching to two eye. Even though NIO could have a bright future for the long run (years), I see more downside incoming.
The formed head and shoulder within the symmetrical triangle broke to the downside (breaking also the triangle), and as expected retested the HOS neckline (and the triangle). As expected, it got rejected, also bumping into the 200 SMA (4hr)with a huge rejection, confirming it is still in a strong bear-trend now. We are also way below on the 200day SMA, and also the 200week SMA.
On the weekly, we are loosing momentum, but some upside is expected on the short-term.
I assume (but price actions will tell), this short term uptrend will help to finish the smaller formation on the new Head and Shoulders, which I highlighted with paintbrush in white.
Currently, we are in the consolidation zone, chances are, we are going up a bit to create the top of the right sholder with the target of 9.40-9.60, then going back down to the consolidation zone.
Also, there is a possibility we have a very shallow right shoulder almost formed already, going down directly, I will wait for confirmation.
We are also below the 9day&15 day MA, and also below the 21day EMA. All theese will possibly be huge resistance.
Very short-term : uptrend target - ~9.40
Short-term: downtrend target: ~8.80
Low Mid-term: downtrend target: ~8.00-7.70
High Mid-term: downtrend target: ~7.10
Long-term: downtrend target: ~5.50
NIO - A Hidden Opportunity? NIO - NYSE:NIO
I have a feeling this will be an unpopular recommendation but the chart is telling there is an opportunity at hand to take a low risk trade.
▫️ NIO is 90% down from $66 ATH
▫️ MAX China FUD (contrarian senses tingling)
▫️ TA allows risk adjusted entry
The Chart
✅ RSI Bullish Divergence
⌛️ Potential green weekly reversal candle now
⌛️ Pending breakout from OBV pennant (coiling)
⌛️ Break above 200 Day (pending)
The chart has a similar pattern to the 2019-2021. Confirmation of the upward trend in 2019 was a break above the 200 day SMA and finding support on it (green circle), this also coincided with a break out of the coiling OBV in 2019 (green circle). These two signals are very useful as at present we are coiling within the OBV in similar fashion. A break out above the OBV resistance line in 2024 could infer the beginning of an upward move 👀
There may be a positive divergence in play here also which helps the bullish argument.
DOWNSIDE PROTECTION
If the OBV breaks to the downside losing the underside diagonal support, we exit the trade. We could watch for a loss of the lower RSI resistance line also but will likely occur in sync.
THE IDEAL ENTRY
Ultimately the best entry would once price finds support on the 200 day SMA. At present that's a close above c.$8.20. Worth noting that $8.20 is just above the Point of Control - the most traded price level in volume terms.
WHY ENTER NOW?
An initial small position can be placed now as we have had a 90% decline from ATH (a 90% discount for a long term investment isn't bad). We also have a positive RSI divergence and we have the OBV and RSI lower support levels to watch to exit to protect ourselves from the downside.
In the event we move higher, break out of OBV coil ,we can then add to the position, and if we break above the 200 MA and find support on it, we can add again. This allows for a low risk initial entry and as the trade moves in our favor we can add to the position as the conviction builds. We will either be quickly stopped out and lose very little or get in early entry with a 90% discount and get to play this long term investment position nicely.
Position size is key here folks, that first position is an amount your don't really care about as we do not have any confirmation of a trend change yet. This is early doors.
PUKA
