NIO Short & Then LongOn the daily chart, Nio can be seen on the downtrend for a while
So far, a support has formed around 8.09, and Nio has bounced back up from it, but I expect to drop down
to that support again, and then finally have a breakout
NIO/N trade ideas
NIO Targets will intersect 2/1 gann line as it forms the cup which should add to positive momentum. Squeeze, MACD and price divergence over last 3 months.
NIO AnalysisPrice took liquidity at 8.84 and broke market structure to the upside. Following the bullish momentum on the lower timeframe, I'm expecting price to continue higher, potentially into the bearish POI at 13.22 next.
NIO, a discounted stock bound for inevitable growth!NIO has been performing quite well in terms of fundamentals this past quarter -- and price has started aligning to it.
NIO broke out of the weekly down trendline bouncing off major order block support at 7.0 to 8.0 levels. A significant reversal to the upside is inevitable.
On the weekly data (histogram), it has created a significant higher lows multiple times suggesting ascend momentum. Volume traded has jump to +10M from its average.
SEEDED long at 9.00
TAYOR.
--------------------
FUNDAMENTAL NEWS:
NIO Inc. Provides March and First Quarter 2023 Delivery Update
NIO delivered 10,378 vehicles in March 2023
NIO delivered 31,041 vehicles in the three months ended March 2023, increasing by 20.5% year-over-year
Cumulative deliveries of NIO vehicles reached 320,597 as of March 31, 2023
NIO CONSILIDATION AND LAUNCH IMMINENTI'm expecting NEO to hit aroudn $10.50 then climbd to 12.00 at which point i am exiting call options and will re-enter shortly thereafter. Neo has is bouncing off the longest term trendline that exists which was created shortly after the IPO. Chgeck out my DOCUSIGN POST that could be a cow. Also I have January 30 Calls on NIO - check out the profitability if Nio and Tesla shift positive momentum.
\
NIO buyNio Inc is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
NIO, -54.71%falling cycle -54.71% more than 10 days.
==================================================================================================================================================================
This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
NIO AnalysisPrice played out nicely as analyzed last week. Price has invalidated the bullish POI at 9.53. I'm expecting price to continue lower into the bullish POI at 8.69 before we see price continuing higher following the order flow.
$Nio decline losing momentum - Reversal Falling WedgeTaking another stab at Nio this time by looking at the monthly chart .... According to Investopedia a Falling Wedge "occurs when a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line."
The advantage of this pattern is that it is relatively easier to set a stop loss when momentum is declining.
NIO buyNIO buyers have gotten with volume and a strong bullish candlestick on lower timeframe. This also gives us a good spot to place our stop loss since the price has been rejected 5 times !
Buy now and aim for 16.29.
Good R/R of 12.17!
Nio big buy opportunityNio broke the big downtrend and pullback. now i think trend turn the bullish. first target 13 $. Nio open new "neo house" in diffirent european countries. nio Nio Inc. delivered 31,041 vehicles in the first quarter, with 10,378 of those deliveries in March, it announced over the weekend.The quarterly delivery figure was up 21% from a year before it should be support to up trend.
NIO AnalysisPrice did not play out as analyzed last week. Price has broken market structure to the upside. Following the bullish order flow, I'm expecting price to make a bearish retracement into the bullish POI at 9.53 before continuing higher, potentially into the bearish POI at 13.22.
NIO LongNIO broke long term down trend yesterday and broke long term resistance of $10.67 today. Next resistance $12.38 in a few months.
NIO - Potential LONG out of Long Term DowntrendDouble bottom support, and close to breaking MAJOR downtrend. Volume seems to be confirming on daily, ideally get a big push on increasing volume, then low vol pullback making a higher low.
NIO AnalysisPrice consolidated since my last analysis. Price previously left an equal lows at 8.03 behind and is now trapped between that and the clean highs at 9.70. Right now, it's unclear where price will move, but I'm expecting the equal lows to be taken with the intention of mitigating the bullish POI below.
Huge gains on potential breakout The potential will be insane if it happens. You should not miss this chance which is once in a while. Just wait till it breaks the decreasing trendline, then buy and live happily ever after!!
NIO AnalysisPrice played out nicely as analyzed last week. Price has just created equal lows at 8.03 and I'm expecting them to be taken for price to mitigate the bullish POI at 7.90 before a retracement to the upside.
NIO showing strength?Higher lows on the RSI and lower lows on the price + volume decreasing
I think we may see volatility soon.
Particularly interesting as this is a multi year support.
First target $9.50; depending on the reaction could see it continue to $14.50 over few months
$NIO - BEARISH Head & Shoulder $4.97 target w/ GAP at $4.88Nio has formed a major bearish head and shoulder pattern. The neckline has also been compromised signaling further downside. Price Target is the length of the head to the neckline, thus equating to a price objective to about $5 for the first target. There is a Also a gap at the 4.88 level too.
NIO AnalysisPrice played out according to my analysis last week, giving us a 13.66% move to the downside. I'm expecting price to continue lower into the bullish POI at 7.90 before we see a bullish retracement.
$Nio Rounded bottom$Nio possible rounded bottom pattern. Volume following pattern so far. Character of the share has changed .... jagged chart giving way short term to a more curved appearance.
Possible H&SI took profits and I am waiting for next move.
Whats painting is H&S, so perhaps we'll go up in the morning and fall mid day to previous low at around 8.40, from there if the market bounce (high probability) we may go up again to 9.20 ish level.
I am not going to play big on this one.
Wait for NIO to double bottom to take this trade.
Good luck
