Maybe overly simply but I like simpleI love triangles and this time seems to reverse. As a rule I expect the leg of the reversal to match the length of the "flag pole". Fib is at the golden ratio perfect for the turn. LET'S GO!
NIOD trade ideas
Zig-Zag Correction in $NIO$NIO appears to be in Wave C of a zig-zag correction. As a guideline, we would like to see Wave C end beyond the end of Wave A. The .618 ratio is the first area of value to look for. If that does not hold, then look for Wave C to be around the same length of Wave A, which is also listed at the 100% ratio. The goal is not to hit price targets but to give ourself the best probability and become profitable traders. Will update as time progress.
$NIO Bullish Outlook for 2022First off, I would like to preface this position with the concrete evidence of NIO further positioning itself as the primary EV of choice of the Chinese population. The market in which they are already expanding in has potential to result in return, especially long term that will be incredibly lucrative. Furthermore, as society and the political spectrum further shifts towards green energy, specifically limiting carbon footprints - IMO China per recent actions will indeed turn to EV's as a first step in this process as environmental concerns are paramount and relevant. This relevancy alone will create demand, in which NIO is already ramping up production for and enhancing the consumer experience via rest stations with amenities at charging stations for example. This is from a fundamental perspective, to further support this stance I will now move onto the technical analysis of NIO and its correlation for a bullish 2022...
As we can see from the chart, recently we have seen extreme selloffs and huge dips in price, larger time frames support this per price lagging under many of my EMA including the 200 day, this alone can support a buy, but that would be ignorant to make a trade off of one variable alone. Furthermore, as we can see per the fibonacci levels of retracement price has bounced and is holding, we will see price grind upwards at each of the levels above within the near future. Specifically, price has broken above our the first level of support after a FULL 100% retracement downwards, this presents an great buying zone and more importantly, an opportunity to play off the fear and uncertainty which is a vital staple of my trading strategy and one of all successful traders, in my personal experience. The final technical aspect of this chart that I love the most and validates my position is the recent bullish volume spike of buying volume that sent us up to our first level of support, shows conviction and actual big money positioning themselves early. Lastly, NIO from a fundamental and technical perspective IMHO will have a huge 2022 with a price target of $50 EOY 2022, longer term its growth and price.
If you all enjoyed please let me know and leave a like, any comments and or feedback is always appreciated!
bouncing back above support! 🔥nio temporarily broke below the strong support, but looks like its quickly climbing back above.
short trap looks like its in to me, also saw a perfect bounce off its RSI zone. These are all good signs for longs!
looking for a rally to top trendline resistance after a little sideways action.
like and follow for more 💘
NIO still on a downtrend - oversoldLooking to get support around te 26 followed by upwards pressure, then a retest and continuing it's way up. (Longterm vission)
Nio still down over 50% from it's ATH, with the expanding plans in Europe in 2022 im still bullish and see the 26-28 as a nice accumulation level.
Firts time idea publishing. (+ in English) Let me know what you guys think.
Potential short opportunity NIO rejected resistance at 33 area and closed right under it. From what I see, I think we retest 30.80 support area before a potential bounce.
If it however fails at 30.80 area of support then today’s action was simply a pop on news or like most traders like to call it a pump and dump.
This is my first idea so please let me know your thoughts
NIOThis one looks ready, We may be in for new impulses across stocks, or a deep correction so use a stop loss
Target 100+
NIO Stock to the moon?!Institutional Setup: As the retail buyers are stopped out on the break of the trendline and an institutional short, the large institutions are accumulating longs where the retail SL's are! Hence the strong bullish move today! One of my top stocks for 2022!
$NIO 👇🌅💰💡🤔Held the support zone this morning and squeezing back up! This was on Paul's bullish radar from the Bubble Report!
2021 Market's Most Important LessonsIn 2021 I learned a lot of lessons..!
The most important lesson of 2021 for traders could be:
1-The market is a dynamic phenomenon..!
2- Reevaluate your positions.
3- Monitor the changes closely.
4- Accept your mistakes and correct them asap.
5-Prices will not always repeat
Best,
Moshkelgosha
Set Alerts for these linesThe art of catching a fallen knife takes lots of patience.
The best time to buy a falling stock is when it starts reversing, and for that you need to have at least 2 confirmation levels for NIO to break.
Before buying in NIO, you would need it to break the resistance trend line CONFIRMATION 1.
Then for a strong trend reversal confirmation you need NIO to break the resistance line CONFIRMATION 2.
Draw these 2 lines and set alerts for them.
Let the trade come to you, don't chase the trade!
NIO LONG (DCA)Re-entry here for me on NIO after T.P at 37 and 45.
Looks a good area risk vs reward imo with some bullish/bottom indicators flashing. Money flow, MACD, RSI and trading around key long term fib (potential downside to $25 but plenty of potential upside).
** NOT TRADING ADVICE **
Nio Is Now Down Over 50% From Its HighElectric vehicle investors are well aware that NYSE:NIO stock has had a tough 2021, in part because the company had no new models while rivals including NYSE:XPEV and NASDAQ:LI launched new or substantially revised vehicles. But with the ET5, the ET7's launch confirmed for March, and at least one more new Nio expected before the end of next year, 2022 is already shaping up to be a different story. That, and not the latest COVID variant, is what Nio investors should be focused on right now.
Shares of Nio set their all-time high back on Jan. 11, when they traded at $66.99. On this Tuesday, the stock is down over 50% from that all-time high.
What's more important, the company delivered 24,439 EVs in the third quarter of this year, doubling the number of EVs delivered during the same period last year. As of Nov. 30, cumulative deliveries of NIO’s three models have surpassed 156,000 vehicles.
On the other hand, NIO has already penetrated the European market, with Norway serving as a launching platform. Nonetheless, at the NIO Day, the company shared plans for further expansion overseas. The company plans to tap into Netherlands, Sweden, and Denmark in 2022, and by 2025, it plans to expand to more than 25 countries and regions globally. The business data will probably be better in 2022.
Is NIO set for a comeback? The stock is still valued higher than it's competitors in China, Li Auto and Xpeng, so it's possible it may continue to trade sideways for sometime.
$NIO - Double Bearish Flag Setup. Downward Channeling.Stock has once again formed a Bearish Flag, indicating further leg down. Short at break of flag
My NIO weekly chartJust looking at the chart NIO looks weak AF right now.
Im a beginner soo please dont take this too serious.
have a great 2022!
$NIO | WEEKLY WATCHLIST 12/27$NIO 1W
Although tempting, I believe I'll hold off this week on an entry. Really want to see reaction in my $25 range first before any LEAP options. Worth noting a weekly hammer candle though.
Possible drop before long run.You can read my last post on why NIO will hit the 70 dollar price target soon. However, for the short term, It may come back down to hit the third fib level and become oversold at the same time to create a greater motive to buy.
Just keeping all outcomes on the table, not financial advice, do your own research, this is just what I see happening.
NIO - Long term possibilityThis is my NIO "long term" (1-2 years) plan. I believe NIO is in an accumulation period. Let's see how it behaves in the coming months.
This is not financial advice. This is only for education purpose. Do your own research.
$NIO To Make a Comeback to $35 Level?NYSE:NIO Daily Chart
NIO has just bounced off recent descending channel support, with price leaving oversold territory.
Engulfing bullish confirmation candle is a welcome sign to signal a reversal to resistance levels of descending channel, which looks to be around the $35 level.
Overall longs be wary as market is incredibly volatile and while RSI is showing signs of a bullish reversal, MACD has yet to reflect sign of buyers regaining strength.
Lastly, NIO has been on a downwards trend over the past year so conservative longs may choose to stay out as the overall price action calls for a short biased approach.
NIO FINAL PUSH MAYBE!?#NIO $NIO I expect to see one more push to around 50$ before completing the correction which is expected around 21 to 13 $
It is all a personal opinion do your own DD
good luck and happy hunting!
NIO: Confluence of Factors1. NIO is back above $30 level, does it look like a fake / shake-out to you? It certainly does to look like that to me!
2. Now have a look at the weekly chart and see how both Fibonacci 61.8% level and 100 weekly MA create a nice confluence at the rebound area on the chart.
3. Nice confluence leads to stronger confidence in the price at this level.
4. Conclusion going forward - we are going upward from here!
Due your own analysis and please share comments down below.
-LTT
Clear bullish signal! A message for the long term NIO investors Hello, NIO holders and long-term investors. I come with good news.
Now that all the panic sellers and "stupid Money" have sold, NIO is finally in the best buying opportunity for the following reasons:
1. The Falling Wedge has formed.
As mentioned in the famous book "Technical analysis of the financial market" by John J Murphy, a falling wedge forming after a great bullish run is seen as a CONTINUATION PATTERN. Therefore, NIO will CONTINUE its previous bullish trend. Take it more like a large pennant or a bullish flag pattern. (Literally just google the patterns if unfamiliar with them)
This can be confirmed by two things, one, the price action is reacting to the pattern, three touches on both descending trendlines as seen in purple. Secondly, volume is steadily decreasing throughout as represented by the red line on the bottom (this is good). These are both CONFIRMATIONS on the pattern. If you want to play it safe, wait until it breaks the top trendline and retests it before adding a great position.
2. NIO is oversold.
The RSI has been proven statistically as one of the most consistent, accurate, and reliable indication tools. If you notice, every time NIO has been oversold (30 or below on the RSI) it has made a great stride. Usually, in wedges and other "resting/accumulation" patterns, the market would wait until there is a great "motive to buy" usually either being oversold on the RSI or news (sadly as all the real NIO investors noticed that news doesn't really affect this stock for some stupid reason). HOWEVER, NIO has both, oversold and AMAZING news from NIO day.
3. The fundamentals are amazing.
NIO has been approved and started manufacturing in its new NEO PARK in Hefei, estimated to produce 120 THOUSAND units per year which is larger than Tesla's. Now I ask you this, with such an intelligent team behind the company, why build such a massive manufacturing plant if they are unsure if they will be huge in the future? Not to mention they built a whopping 730 swap stations which have swapped over 5.3 million batteries, exceeding this year's estimates.
With over 120% year-over-year growth, amazing revenue, expansion in other countries (NIO day stated that by 2025 they will be in 25 countries), and amazing partnerships, not to mention the new ET5 that beats the Tesla Model 3 (largest EV seller in China) in every aspect especially the battery, NIO's fundamentals are looking solid. Even though the stock has been steadily moving down due to the pattern it must follow, NIO as a company has been drastically expanding knowing that they are going to be massive in the future.
Warren Buffet said, “The stock market is designed to transfer money from the active to the patient.”
He also said, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
The data is clear, the choice is yours.
This is not financial advice, this is simply what I see happening. Let me know what you guys think and if you agree/disagree with what I've said. Don't rely on information from here, anyone can publish. Read what I've stated and conduct your own research, the book I mentioned is an amazing place to start.
