Bear flag, Head and shoulder and shrinking volumeLarge bearish flags, head and shoulders, and reduced volume all point to a drop in nio's price.
tp 8
NIO/N trade ideas
NIO: You must be aware of this KEY POINT! [Trend Analysis].• NIO is still trapped inside a Bearish Flag chart pattern, which we already mentioned in my previous analysis (link below this post);
• In theory, this is a continuation pattern, and since the long-term bias is bearish, NIO would trigger it downwards and seek the next target around $5;
• What’s more, NIO is quite close to the 21 ema in the weekly chart, another resistance level, and doing a Hanging Man candlestick pattern (so far);
• However, in the daily chart, the trend is bullish now, as NIO is doing higher highs/lows and it is above the 21 ema (which is pointing upwards);
• If NIO triggers another bullish pivot point by breaking the $14 area, it will probably break this Flag upwards, and in this scenario, the next resistance around $21 becomes the target;
• Therefore, the $14 is the key point here. It all depends on how NIO will react near this price level. I’ll keep you updated on this.
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Still not a good time to buy,but there is always a dip right?Simply put , According to crocobot we are still struggling below limbo zone and no long position can be advise at this point.
Next earning which coincides with an important Fib time zone got to open up a window to get in long at arround 4.2
NIO Pre-market analysis 12/8/22 looking at volume for bull caseI haven't seen quite yet was I was hoping for the other day, and frankly a bullish case for NIo is starting to look worse and worse here. I am actually leaning more and more to the BEARISH side since analyzing the price action yesterday.
While we did make a nice retracement from the $12.20 spot I talked about in my last idea, we have not picked up enough volume on the retracement from the high to match up with the last bullish structure, to support a bullish case just yet. IF anything, the bearish retracement was verified, indicating a likely lower low is inbound. There is really not much room left for price to pick up buyers in the last bullish order block.
We still have one more order block for price/volume discovery, before the bullish case on NIO goes out the window, and we find ourselves with a critically broken structure to the downside.
Today's trading day will be a key day.
I am seeing a morning reversal to make a new low (OR a double bottom) at or below $12.15.
How I'm playing this:
PATIENCE IS THE KEY HERE.... Do NOT rush into a position today. Let price and volume show you what's going to happen.
-The last green bullish order block zone is the key: If we have LOW volume in that zone (we do NOT get to around the 72k volume high) AND we break below the low at $12.02. Wait for a double bottom low on the break, with low volume to enter into a 12/16 CALL with $12.50 or $12 strike and look for price to reverse back into the $13 range before we get a very strong bearish rally.
-IF we see volume at or above the key 72-74k range in that last green bullish order block, this is very bullish! Wait for price to retrace right below the LOW of the candle structure that produced the low right BEFORE the high volume candle on the 1 minute, and enter a CALL position (with same details as above), but we will be seeking price to go above $13.27 in this scenario.
NIO PRE-MARKET CHANGES 12/7/22 BUY INTO $13.28 RALLYI did initially expect markets to open higher this morning, but Asian session was a mess, which is fine - still goes to plan.
I believe that we are going to try to establish a trading range floor on NIO in the local range that has been consolidating. I believe a Wyckoff distribution pattern has developed.
You should be expecting a SHARP rally to break the $13.28 high into the 10AM trade hour, followed by price falling right through the trading zone floor we are establishing this morning with a double bottom to go into the first sign of weakness area.
NIO trade idea - still on a bullish path expecting $14+Alright Tradingview fam,
Another order block trade coming right at you.
I'm expecting for NIO to open higher on market open, likely reach $13.70-$13.80 , only for price to crash back down to the $12.70 range and reverse right back out again.
There are two good plays to catch on these reversal.
If you're an options player, $13.50 strike puts are going to put you ITM with the fall back down. You'll be able to quickly convert them back into $13 call options and you'll be able to hold those until we see a bearish pattern emerge. 12/9 expirations are going to be at discount for your puts, which will give you the best ROI. I would highly consider 12/16 expirations (or further out) call options for the move out of the $14 range once price retraces from open highs.
Let me show you on the 1 min timeframe exactly where I see these order blocks on NIO:
You can see lapses where price does not have an immediate retracement at. These are areas of interest for your shorts/longs.
The reason I'm calling for a higher open on NIO at or after market open is because BTC is currently starting a bullish run...... You can see my previous idea on it. The trend on BTC usually gives me strong indicators on where the market is likely to go in the morning because it prices in the important Asian session overnight... (pro tip - learn to read the direction of BTC in the evening to find out active stock bias on market opens in the morning. Key levels on BTC will indicate reversals in the general market. That's why it tends to be a leading indicator for my stock market trades)
NIO purely technical playAs per chart, I think NIO will be a good short-term buying opportunity. NYSE:NIO
A retracement towards the mean/middle KC is probable in which it is also good time to consider entering a short position then. I would not short now since we are pretty much at single digits. NIO is not NKLA...
Look to enter anything above 15$/Sub 20$.
EV stocks have taken a battering just like the rest of the market, but I believe we may see a short-term rally before another dump down in Q1-Q1 2023.
Monthly high of 13$ in December would be ideal, and it can definitely still reach it before NY. That would also be ideal TP1. TP2 at 15$...
(Disclaimer pure technical play, no fundamental analysis)
Nio swing ideeaNio broke the bearish flag in premarket today, it might stop into the htf trend lines
NIO AnalysisPrice invalidated the bearish POI at 11.73 and has taken the liquidity above. Price has been building sell-side liquidity for a few weeks and after this break above, price is likely heading down to take the sell-side liquidity.
NIO: Trading around a CRITICAL RESISTANCE! What's next?• We see a Bearish Flag on NIO, however, this pattern wasn’t triggered yet (and we can’t tell if it’ll be triggered);
• As we discussed in our previous study, it did a bullish reaction just above the support, and it reacted just to hit our resistance, the upper line of this Flag. The link to my previous analysis in below this post, as usual;
• As we already mentioned, only if NIO breaks this upper line, it’ll completely frustrate this Flag, and it’ll reverse the bear trend;
• Either way, it is good to see it breaking the 21 ema with such strength. We don’t do that since September;
• Although NIO is trading near a critical resistance, there’s no top sign on it yet, indicating a pullback. If we see one, it might retest the 21 ema, or even the base-line again;
• The situation is critical (again), and the next movements will tell a lot about how NIO will perform in the next weeks, maybe months. I’ll keep you updated on this.
Remember to follow me to keep in touch with my daily analyses!
$NIO - VERY BEARISH Bearish F Flag Signal A Bearish F Flag is setting up for a leg down to potentially fill the gap at around $8.
NIO to $20I like NIO to 20.. some key zones it needs to bust through first, but not a hard push to get there either. Could see this before Dec 31, 2022 but could also happen in Jan, 2023.
Also listed some key short areas.
I CALLED AMD, AND IM CALLING NIO TO $14 - $14.50 BY EOD FRIDAYKey level is to buy right around $12.50 - $12.30... Wait for the likely liquidations and retracement above that $13.26 line.
You have two good plays tomorrow if you're into options:
-Buy 12/2 Put $13 strikes right above that $13.26 line. Sell right below $12.50 for those ITM gains.
-Flip over to the 12/2 Call $13 strikes as soon as price goes below $12.50 and ride to at least $14 or higher. Start your take profits at $14 and start trailing stops to $14.50... Obviously sell them before the end of the day, unless you really want to exercise them (more profits in just selling them).
I was talking about $13 "CALLS" at the end of the video, but I actually meant PUTS.
Good like and give me a like if you found this usefull.
Long correct lookLooking on the rsi macd and mfi positive crossing appears to the first target 15.50
NIO Bearish, Evening Star Candlestick NIO form Evening Star candlestick pattern price will retrace lower around $38 or more.
NIO AnalysisPrice consolidated since my last analysis. Price bounced off the short term "trendline" and building liquidity. I'm expecting price to continue lower, taking out the sell-side liquidity and to mitigate the bullish POI at 7.90.
NIO BULLISH, MAYBE?!HELLO, LOOK AT NIO! Bullish...
NIO is oversold, EV sector is oversold. A bounce is due...
NIO 2weekly view Interesting chart development, at same time as NIO taking more space on media and showing growth on sales and deliveries.
NIO - Diamond bottomNIO is forming a diamond bottom on the daily chart. Any bullish new will trigger this and next week deliveries will give it the perfect excuse to do so.
First target is 14.70 gap fill
NIO AnalysisPrice playing out nicely as per my previous analysis. Price is still respecting the bearish POI at 11.73 and price reacted, pushing it down. However, we do see signs of exhaustion and volume picking up slightly. Price is also building sell-side liquidity. I'm expecting price to go lower, taking out the sell-side liquidity and to mitigate the bullish POI at 7.90 before we see a rally.
NIO: Trading in a Critical Support Level! What to expect next?• NIO is in a critical key point right now, around the support level of a Bearish Flag chart pattern;
• Since last week, NIO has been dropping while the volume was low, a sign of weakness;
• If NIO triggers this bearish flag, it’ll resume the bear trend and the next technical support for it would be the purple trend line in the weekly chart, below the $8;
• In order to avoid such bearish scenario, NIO must react as soon as possible, and do a bullish sign above its support in the daily chart;
• Only if NIO breaks this Flag Pattern upwards I see it reversing the bear trend;
• For now, let’s pay attention to these lines. NIO was a great stock to trade a few weeks ago, but for now, I’m cautious and I would wait for a clear sign before assuming anything,
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Time To Buy NIO
Chart 1.1
Chart 1.2
As Chart 1.1 and 1.2 explained how I predict markets will goes for next couple weeks, I think it is pretty safe to recommend some safe buys.
NIO is one of the top EV producers in China, and EVs are critical to China's future. Also, China is by far the most significant car market in the world and plans for EVs to account for 40% of all vehicle sales by 2030. When NIO ramped up production in 2020, the company ran into severe headwinds due to COVID-related effects. NIO was in financial trouble, and the Chinese government stepped in, acquiring a 17% stake in the company, providing the necessary liquidity required to continue operations.
NIO's popular ET7 sedan and ES7 large SUV are among the country's top-selling EVs and should continue experiencing robust demand. The ET7 has a range of approximately 290-555 km, goes from zero to 100 km in 3.8 seconds, and has a top speed of around 200 km/h. The car also has a five-star safety rating and is rolling out in Europe (Germany and the Netherlands). Moreover, NIO recently launched its new ET5 smaller and cheaper sedan in China, and sales of the popular vehicle should take off globally.
NIO is a high-growth company that prioritizes expanding car production and other operations. The company is also involved in the penetration of the European EV market. Therefore, we should not expect NIO to be profitable now, and it may not report positive EPS for several years. Nevertheless, NIO's remarkable growth story implies that the company has significant profitability potential, and just like any other high-growth company, we can evaluate NIO's valuation based on its sales.
NIO's revenues are projected to skyrocket by about 90% to roughly $14 billion next year. Then, we should see revenue growth moderate to about 30-45% in 2024 and lower double digits after that. However, consensus analysts' revenue growth of approximately 13-14% in 2025 and 2026 may be lowballed, and we expect the company will do better. With a market cap of around $18 billion, NIO's forward P/S multiple is roughly approximately 1.24 here, remarkably low for a company in NIO's position.
Wall Street's average one-year price target is around $20.30, roughly 93% above NIO's current stock price. Moreover, higher-end price targets go up to nearly $35, illustrating a price target almost 250% above current levels. Even the lowest price target of $12.34 is roughly 20% above NIO's deeply depressed levels.
Despite these bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO's stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO's vehicles may experience a drop-off in demand, in which case the company's share price would suffer.
However, I still think it is time to buy NYSE:NIO
