NIO CHANGED MY LIFE EV is the future and im going all in on the future always that said yay for Chinese Tesla
my strategy is always root for the underdog
Technical Analysis
I am expecting price to react to my supply zone driving itself lower from there to either one of my resistances where I will seek out increasing bullish momentum among the candle sticks to indicate price going higher and from there im expecting sweet stonks stonks stonks as price breaks my supply zone
Fundamental
Despite the transitory slowdown, NIO remains a solid growth company with significant expansion potential and substantial EPS growth prospects, As NIO's revenues continue expanding, its profitability should improve, leading to multiple expansions and a much higher stock price in future years. Source: Seekingalpha
NYSE:NIO is a sleeping giant and im rooting for her 100%
NIO/N trade ideas
💰5 Reasons To Use The ''Rocket Booster'' Strategy📈💹Why you should only buy below $10 stocks
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#1 - These stocks are more volatile
#2 - You will gain at least 2% profit or loss
#3 - This is a better risk management
#4 - And you won't get to use margin
#5 - This reduces your risk levels
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Disclaimer:
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This is not financial advise
do not buy or sell any stock
or anything i recommend to you
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NIO BIG MOVE SOON!Shares of Nio (NIO -2.11%) slumped this week and were trading 17% lower through 11 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. Despite a positive opening on the last trading day of the week, Nio stock has now lost more than 40% value since Aug. 1, thanks to this week's extended weakness.
$NIO - $4.60 Price Target with cracked flag, WEEKLY Death Cross I have been posting ever since the weekly flag has been setting up, the stock has finally cracked below the flag. If you have shorted on the crack, kudos to you. Potential downside is to $4.60. Remember the length of the flag pole equals to the potential measured downside which normally equates to about same length of the original bearish flag pole. We also see a bearish death cross on the weekly MACD and the squeeze mod is also curling over in a bearish downturn.
Nio _ Bullist TradeBased on my analysis, it appears that a bullish trend may be on the horizon for this particular asset. If you find the opportunity to monitor its performance, it could be advisable to consider making a purchase when the Relative Strength Index (RSI) value reaches or approaches the 50 level. This strategic approach could potentially align with a favorable market entry point.
Nio to $20And then onwards and upwards.
** Investment opportunity **
On the above 12 day chart price action has corrected since a sell signal printed at $57 back in January 2021. A number of reasons now exist to be long. They include:
1) Price action and RSI resistance breakouts.
2) Price action confirms support on past resistance. Look left.
3) Price action is on the Golden Ratio.
4) No stock splits.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: 6-10%
Timeframe: A long position between now and end of October 2023.
Return: 1st target $20. 2nd target, will say elsewhere.
NIO's $7.53 price target after $1 billion debt leads to 17% dropNEWS:
New Debt, New Woes: Nio Raises $1 Billion, Shares Tumble by 17% Amid Financial Struggles
Nio announces plans to raise $1 billion in new debt through the issuance of convertible senior notes, leading to a 17% drop in its share price.
The new debt will consist of $500 million worth of convertible senior notes due in 2029 and another $500 million due in 2030. An overallotment option could increase total new debt to $1.15 billion.
The move comes after Nio reported financial losses of $2.1 billion and a negative free cash flow of $1.6 billion in the previous year.
S&P Global Market Intelligence predicts Nio will not achieve profitability until 2027.
Funds from the new debt issuance will partially be used to pay off existing debt and to strengthen the balance sheet.
The company's strategy doesn't address the core issue of profitability, leading to concerns about future debt offerings and market sell-offs.
CHART ANALYSIS:
NIO's $10.18 support level has held as strong support since August 25, but the recent bearish news has broke this support level.
I have my eyes on $7.53 as a key price level that aligns with the green trend line and lower end of my buy zone. The lower end of the Bollinger Band is currently sitting near this price level as well.
I think there could be a dip or wicks below the green support level for the best buying opportunity there.
$NIO - $4.60 price target on Weekly Bear FLAGI posted on last two charts saying that there looks to be a bear flag setting up. The flag is now setting up nicely on the Weekly Chart and is rock solid intact. The longer it solidifies the flag, the more likely it plays out. Watch for a imminent break, if cracked flag, measured move to the downside is around $4.60 which is also around a past support area.
NIO BUYHi, based on my analysis of NEO stock, there is a good buying opportunity. The stock appears to be in a positive state. The stock returned to a very strong area of strong support at level 10. In which a green candle with a tail was formed, indicating a strong entry of buyers, as well as a retest of the downtrend. The presence of the 200 moving average, which in turn constitutes another support. Good luck everyone
NIO | Consolidation b/w 7.00 - 16.2, a rectangular patternBULLISH INDICATOR (Sep 03)
1. There is some hope shown for trend reversal on June 1st 2023 (Last LL @ 7.00), and a new short series of HH, HL, HH was formed, making new HH @ 16.18.
2. The Heikin Ashi candles are showing bearish momentum is slowing down.
3. ABCD harmonic bullish reversal been spotted.
4. BEARISH TRENDLINE BREAKOUT: A confirmed breakout from the bearish trend line happened on Mar 31st 2023. Now expect the price to go into a CONSOLIDATION ZONE before it will either move in Bullish or bearish directions.
a. The price-action will stay in a Box pattern of CONSOLIDATION between 7.00 - 16.20, and this can last for a couple of weeks.
b. If the price will break UP beyond 16.20, then Bullish trend is expected.
5. On 4 hr chart there is bullish divergence but do not enter until there is a bullish breakout on daily timeframe as mentioned above.
6. Price action has touched 200 EMA line. If Price will stay above 200 EMA and shows an uptrend, and at least one sequence of HL-HH-HL-HH, then bullish trend is expected.
BEARISH INDICATOR (Sep 03)
1. Price Action was making a series of LL-LH-LL-LH, and the bearish trend slowed on June 1st 2023, but so far LH (22.74) of Sep 15, 2022 is not broken.
a. Last LH (16.18) was made on Aug 04, 2023.
b. There was a brief bullish run between June 01 - Aug 04 2023, but then next HL was not formed, and last HL @ 9.49 got broken on Aug 29th, @ 9.46.
c. A HEAD and SHOULDER Pattern has been spotted, which can further push price in bearish direction.
d. Hence Bearish trend continues.
2. There was a bearish trendline, starting from Jan 04, 2021 and a breakout happened on Mar 26th.
a. The Price will stay in a Box pattern in CONSOLIDATION between 7.00 - 16.20, and this can last for a couple of weeks.
b. If the price will break DOWN, below 7.00, then a continued bearish trend is expected.
3. On Fib Levels, price retraced to 61.8% level and then reversed in bearish direction.
4. There is also similarity with Bearish Rectangular Continuation pattern, which can lead to further bearish trend.
5. There was a Bearish divergence between Jun 16th and July 13th.
PREDICTIONS
1. In summary, the bearish and bullish biases are equal.
2. My main assessment is that Price action has entered in a CONSOLIDATION (sideways range) phase between 7.00 - 16.20 and it will stay in this phase for a couple of weeks.
BIAS 1 = LONG - PLAN-A prepare a pending BUY-STOP at 16.79. SL=9.51
BIAS 2 = SHORT - PLAN B, prepare a pending SELL-STOP between 6.82 to 7.00 based on your RR and SL around 13.41.