Get started
NIO IncNIO IncNIO Inc

NIO Inc

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

NIO/N trade ideas

NIO 6/16/2022NIO Daily chart analysis Enter the matrix, this NIO is not the “one”. NIO had its fun moving upwards. The Uptrend started Jun.’20 at around 4.00 and continued moving upwards reaching 55.00 by Nov.’20 all while respecting the 50ema. By Dec.’20, price made a sharp drop and fell to 39. It was caught by 50ema where it rebounded, and price broke out and moved above 55 to all time highs. Unfortunately, price was unable to hold the breakout and on Feb’21, it fell back below 55 and closed below the 50ema. This deemed the breakout move a “false breakout” and close below 50ema signaled the possible end of the uptrend. After closing below 50ema, price fell to 34 where it found support. It bounced back above 50ema and retested 55 but failed to make a higher high. Price was shot back down to support at 34. Price has officially lost the uptrend and has entered a sideways market between 34-55. After landing at support area of 34, price makes a move upwards but fails and now makes lower high. We now see buyer weakness with lower highs into support area at 34. Dec.’21, price breaks down from support at 34 and sideways range can now be labeled a Distribution stage. Price now looks to start Downtrend. We also see a Death cross with 50ema crossing under 200ema. This signals the bearish conditions in the market Jan.’22 price enters downtrend and moves from 34 to 13 all while respecting the 50ema. We then have a pullback to the 50ema which is acting as Dynamic resistance. To go along with this pullback, we have an overbought Stochastic signal. This was cue to enter trade short. After that short entry, price proceeds to move down to 11.72. It has since pulled back to Dynamic Resistance and its currently where we find ourselves. We also have an overbought Stochastic signal. This is my cue to enter trade short Confirmed Downtrend + Pullback to resistance + Overbought stochastic = Short entry Entering trade short Entry: 19.18 Stop Loss: 22.78 Target: 11.78, +39.06%, 2.19 RR ratio
NYSE:NIOShort
by rudcharts
5
NIO - Adam & Eve bullish breakupAdam and Eve (A&E) is a kind of "double bottom" pattern, a potentially bullish reversal signal. NIO broke out of the A&E patten today on a strong gap, increasing it's odds that the trend has reversed (to the upside) and is likely to follow thru in the medium term. Near term pullback possible (and could present opportunity to long at lower risk) but unlikely to close this gap soon. Expect some consolidation as it hit into resistences on the way up. Theoretical target for such a pattern is around $32. Let's see if it will work out (manage positions with trailing stops). Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:NIOLong
by Juliac
2
NIO- Setting up to rally? **UPDATE**on June 22 I posted "closed positions around $17.50 since at that time I wasn't seeing the bottom. Now we're at $22. Wanted to see what this community was thinking in regards to this running down to fill the lower gap and then a rally to fill in the upper gap?" Today I wanted to revisit this after some thought and figured Id ask you all for your thoughts. Rather than telling me that I don't know what I'm doing, Id much rater recieve real constructive feedback since I am still very new to this. Im seeing an Inverse Head and Shoulders pattern setting up out to end of August but for the near term July, Im still seeing the Ascending Triangle. According to the Ascending Triangle, it broke my resistance line on Friday. Im Bullish on NIO long term Again- Im still new at charting, so would appreciate any help or feedback on what I may be doing correctly, to incorrectly.
NYSE:NIOLong
by VanGal_Whipchuck
NIO.....The consequence of a "Morning star"!Hello Traders, on May 16, NIO, the EV car maker, has finished a correction within a wave 4, by completing a „Morning Star“! That pattern was done and occurs close to the 0.382 Fibo of wave 3. Since then, the stock has risen from USD 16.44 to 20.77 this week. The idea is valid, and the move is part of a wave 1 of 5. As long as NIO is trading above the low @USD 11.67, this count is valid! My next target area is around the 23.78 – 27.22 zone, what includes a wave 4 level of lower degree and would close the open gap, left by trading on end of January 18, 2022! More bullish potential exist! Well, I will follow this count and will update the in the coming 1-2 weeks. Have a great weekend..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!
NYSE:NIO
by ruebennase