With the fear in markets all over the world i can only see thisI m sorry NIO hodlers, i wish that we could see some rally, but in this market EV chineese companies are the first thing that people will sell. NYSE:NIO NYSE:XPEV
NIO/N trade ideas
NIO: Covered Call Bought NIO for $11.60
Sold Sept 1,2023 Call for $0.63
Net Debit = 10.97
Return if flat:
0.63 / 10.97
+ 5.7%
Not exactly a 20 cross on sniper stochastics but it does bounce off the 50%. The three lines of the Sniper Stochastics are together as one. This is extra strength.
The OBV is green.
$NIO - Bear Flag, Downward Channel $4.75 Gap targetThere is a major bear Flag Formation with a major downward channel representing the flag. First target is $4.75.
"Charging Up: Bullish Momentum Ahead for NIO with a $22 Price TaNIO
"Charging Up: Bullish Momentum Ahead for NIO with a $22 Price Target"
1. Price Formation: The price has broken out from an inverted C&H price formation on a daily chart.
2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum.
3. 200-day Moving Average is below the Price.
4. Thus, Mas 7>21>200
5. Relative Strength Index (RSI): The RSI is greater than 50, indicating bullish momentum and potential further upward movement.
6. Price Target: $22.00
NIO
NIO Inc. is a Chinese automobile manufacturer that specializes in designing and developing electric vehicles. The company was founded in 2014 by William Li, and is headquartered in Shanghai, China.
As of my last update in September 2021, NIO offers several models of electric vehicles, including the ES8, a full-size SUV; the ES6, a performance SUV; the EC6, a coupe-style SUV; and the ET7, a luxury sedan. They are known for their impressive range, high performance, and innovative battery swapping technology, which allows the car's battery to be replaced in a few minutes instead of waiting for it to charge.
NIO has established itself as a significant player in the electric vehicle market, often compared to Tesla for its high-tech vehicles and its status as a start-up that's challenging traditional automakers. However, the company has faced some financial challenges, as the electric vehicle market is highly competitive and requires substantial capital to innovate and produce vehicles.
My Swing Approach For NIO Touching 50 and 200 EMAI was waiting to see NYSE:NIO this week as it could continue to move around the 200 EMA or possibly go even lower to the 50 EMA.
The lowest and clearest support area that I see is only at $10.51. I would love to get feedback if you are seeing something else. So this is why I chose to use the EMA's as an entry point.
I took a long position today at $11.57 after starting the day at around $11.20. So I got in after pushing around 3% on the day to cross back to the 50 EMA and touch the 200 EMA with a little pushback, so I entered after that.
There is a huge gap down to my lower support, at around $10.51, so I put my stop loss at around $11.14, which would be a ~3.72% loss.
I want to exit and sell my position at around $12.65, a potential 9.51% upside. In that area, it would be back at the 20 EMA.
NIO approaching cluster support 💪a little more downside is possible but we are sitting above SMA + very strong trend support zone that has not broken in months!
RSI is also screaming buy! I think we may see a bounce to 15.78 and higher soon 🎯
Boost and follow for more ⚡
$NIONYSE:NIO
check out my first chart when i called that NIO is heading down
towards 11$ and 9$ area .. and we where at 15$ back then
and i said in that first chart ( If you are thinking of entering from these areas ,
please be patient for better prices and discounts ).
At this moment we could bounce back to form the B wave which could take us to 13-14 $ area
NIO BUYHi, according to my nio stock analysis. There is a good buying opportunity as the stock exits the rectangle. Likewise, the descending channel was broken with a very positive green candle, which indicates the strength of the buyers. Good luck everyone
NIO AnalysisPrice playing out exactly as analyzed last week, giving us a 22% move to the downside. Final target for this down move is the bullish OB at 11.32 where we will find confirmation on the lower timeframe to push price higher.
Will NIO continue its rally?NIO is currently retracting after a rally. The question is where will the higher low be if there will be one. I drew a support box where it may land.
nio play wait f0r Nio to reach 13 then. taking a 11.50 put for sep1 after once reached 11.50 pull out an watch what Nio does next should bounce back with earning coming up Nio expected to beat earning expiation
looking at the chart at 1hr or 2hr strong signs of reversal!.is it finally over!? looking to consolidate in the 12 or 13s for the week, looking to go long anywhere @ $12.25 if it were to drop again at support which would be unlikely as sellers have lost momentum.
looking to enter long @ 12.50 and expecting profit of atleast 10% even if I were to enter at $13.50, personally see more upside for NIO fundamentally overall as a ev company to dominate the eastern market. Not ignoring the signs but see signs of reversal up from here on out if it were to retest the 14s and 15s again before earnings!!!
NIO Looong termIf you know Gann, you know what these lines mean. A tunnel through the air is plotted for the next Lassonde curve. Track your moves and pivots on the wheel of twelve. This should get very interesting soon. MACD Divergence and zero cross. Support on sevens. Resistance on twelves.
Boost if you agree. :)
re-entry on Nio around support 12.25ishLooing to re-enter call setups on nio around the support line weve played multiple times this year. Have to make sure tesla is shaping up and china hype remains.
NIO | Solid Price Action At The Current BottomHi,
Nio is a leading electric vehicle maker targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles.
The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies.
Nio launched the first model, its ES8 seven-seater electric SUV in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 122,000 EVs in 2022, accounting for about 2% of the China passenger new energy vehicle market.
Technically NIO looks attractive; I like the way it found a support level from my previous call(s) at TradingView. I like the previous monthly close and if somebody is interested in it then I can give a technical confirmation. Technically it is solid but you have to consider fundamental risks to invest in China and etc.
Technically haven't seen such a price action that can be attractive for me on the NIO chart. I cannot say that it is the best but first time, since the all-time high, it looks solid and I would like to share it - odds should be in our favor ;)
NIO price got a rejection upwards from the minor horizontal area, there was also the psychological number of $10 and a gap fill from 2020. These criteria held it, got a rejection, and now in the last week it found a great volume and it brought the price to another obstacle which is around $15. So a little pullback was expected.
A strong area around $15 can act, and actually has already acted, as a solid resistance level. Still, I'm waiting for that retest because we have some short-term new higher highs, a strong bullish weekly candle close above the Weekly Moving Average of 50 (orange line).
* Considering the recent price action then we should see the retest and an optimal buying zone should stay between $9.5 to $12.5
* First targets updated on the chart room
Good luck!
nio going red then green nio is going bearish trend unil it reaches 11.45 then going to bouance back uop before earnings on sep 11 so bearish postion for 12 dolllars then once reach 11.50 pulling out and changing to bullish postion for one week after sep 11
Is there a reversal pattern on NIO?NIO seems to be forming an head and shoulders pattern that can mean a trend reversal and consequent price adjustment.
The right shoulder is yet not quite formed but it seems to be heading that way.
Should this be confirmed we can see us testing support at $12 or even $11
Nio Update.Still looking forward for some consolidation and higher prices on Nio.
Nailed the count so far. Hopefully, the machine doesnt fail to deliver.
Keep on keeping on.
<3
NIO AnalysisPrice consolidated since my last analysis. Price gave a good reaction to the downside while respecting the current bearish OB, but not yet given a confirmation to break to the downside. No changes to my expectations, will be waiting for a break of market structure to the downside before a bearish move is confirmed.
NIO - POSSIBLE ELLIOT WAVE 3 ENDINGNIO has followed a bearish trendline very beautifully.
Can see theres still room for further downside. My count shows that NIO is close to completing wave 5 of (5) of ((3)), so thee are multiple sequences that NIO will be completing at this area with the target range within the pink lines ($7.40-$4.88). Can it go lower? Of course, its markets that decide, will it go lower? probability wise not here and not now, but after wave 4 rally, we can favor stronger bearish move lower.
I would suggest being patient with NIO as market wide sentiment is 'take caution', and as always never throw all your eggs in 1 basket. Manage Risk and use a DCA strategy to accumulate a position. Below$6.00 is great area to buy some NIO but always be prepared that it can drop all the way to the lows
