NIO - Bearish Momentum on D-ChartBearish Pattern: Ascending broadening wedge is forming. If it breaks the lower line of the wedge, then it will be the continuation of the bearish trend.
NIO/N trade ideas
NIO: Be careful with this BEARISH FLAG!• NIO is trading around the support level of a Bearish Flag chart pattern;
• Yesterday, it tried to trigger the pattern, but in the end, it did a bullish reaction and it stabilized around the trend line;
• If NIO triggers this flag, the bear trend will resume and the technical target of this pattern is around $5;
• In order to avoid this bearish scenario, NIO has to react as soon as possible, and stays inside the Bearish Flag again. This would indicate another bounce, possibly to the $14 again;
• Either way, we’ll have our answer soon. I’ll keep you updated.
Remember to follow me to keep in touch with my daily analyses!
NIO respecting the trendline!I think we can see some mean regression in the next week. If NIO can break the resistance band at $15 we will see a rally to $20 as per deutsche banks predictions.
If not we can expect the downtrend to continue to $9.
If it reaches as low as $5-7 I will be scooping up a lot.
Good luck.
(Disclaimer : Not financial advice)
NIO AnalysisPrice broke market structure to the downside, filling the fair value gap at 11.34. Price doesn't seem to be making any change of character and I'm expecting price to take out the sell-side liquidity built a few weeks back, and potentially to mitigate the bullish POI at 7.90.
NIO still in downtrendI've had this trendline drawn for quite some time now. With China's strict covid policies still in place and econ future uncertain, i will not suggest opening a long position in NIO until it breaks this trend on volume.
Deutsche Bank says buy Nio, predicts shares can rally more than 70% as delivery volumes speed up
NIO: Just hit a SUPPORT! What to expect from here?• Since it hit our resistance at $14, NIO has been correcting. This no surprise, as this is a critical key point for the stock, as we mentioned in our previous analysis, last week (link below this post);
• Now, NIO hit a support level, the 21 ema in the daily chart;
• Any bullish reaction above the 21 ema could mean a bounce to $14 again. NIO could even break this resistance;
• Although the daily chart looks bullish, as NIO is doing higher highs/lows, the long-term sentiment is still bearish. Only if NIO breaks the $14 it’ll trigger a bullish reversal structure in the long-term – therefore, watch this line carefully;
• On the other hand, if it triggers this Bearish Flag downwards, it would just resume the long-term bear trend, and the next stop is around $5;
• Regardless of what happens, NIO has plenty of potential (to the upside and downside), but it has to break its key resistance or trigger its main bearish pattern in order to do something good. I’ll keep you updated on this, as usual.
Remember to follow me to keep in touch with my daily analyses!
NIO: Waiting on the Bottom for EVsThis is not actually a bottom starting yet. NIO needs to show some up and down sideways action that holds above the low of 8.40. But it is at strong support level from its IPO sideways pattern from 2018. This is a weekly chart so you can see that long-term support, which is both fundamental and technical.
For ALL Electric Vehicle manufacturers, 2023 may possibly be that big growth year. It is important to keep an eye on all new technologies because when the Post-pandemic Renaissance really takes off, the speed at which EV dominates will probably surprise most people.
The top 3 EV companies, Top 3 Semi-conductor companies for EV, the Top 3 companies for major components like solid state batteries, the Top component manufacturers for sensors, etc. are all up for grabs. Nobody has the lead right now.
It is all about who can convert to robots and robotics faster and who incorporates solid state batteries and other component integration to meet demand. Don't worry about charging stations. Those are already being built and incorporated into gas stations everywhere, corporate offices and public transportation.
NIO AnalysisPrice is building a short term buy-side liquidity. Price is also on a short-term uptrend. I'm expecting price to continue higher, at least to mitigate the bearish POI at 16.88 before going down to take the sell-side liquidity, and to mitigate the bullish POI at 7.90.
$NIO - BEARISH Flag SetupA major bear flag is setting up, with decreasing volume and bearish divergence on the stoch rsi. Also a gap that needs to be filled at around $5
NIO pre market update for 12/13Sell this back into the precious gap around 12.70.
Should have another bounce there!
Expecting NIO to surge to above $15 in the coming week...Long the PI** out of this!
I told you about how to look for order blocks in a previous video. I have identified unbalanced order blocks and price currently (pre-market) is PERFECTLY positioned for some CALL options! (See my linked idea about how to spot market imbalance zones to verify order blocks)
LETS MAKE SOME MONEY!!!
$NIO Pending Reversal On Down Trend?In the chart I have provided an analysis on the following points:
1. Confirmed Supply & Demand Pockets (Total of 2).
2. If side movement continues past February 28th chart would be invalidated.
3. Break above $20 would confirm break of downward trend & place us in supply territory for Fibonacci.
NIO Inc. Options Ahead of EarningsIf you haven`t bought the $15 strike puts when i wrote you this article, which are trading now at $3.50 from $1.14:
Then you should know that looking at the NIO Inc. options chain ahead of earnings, i would buy the $12.5 strike price Calls with
2022-11-18 expiration date for about
$0.38 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
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: 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.
Remember to follow me to keep in touch with my daily analyses!
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.
