NIO bullishNio up 7% premarket to break this trendline. Bullish with the rest of China names. Cheap stock, good for small accounts.
NIO/N trade ideas
Nio $7.00 ?…….. Not if but when.I think this chart speaks for itself.
The platform is telling me, my analysis is too short to print so I have to think of something else to say.
Best I can do is say Onvo.
NIO (NIO): 55% Increase but Bearish Trends Still LoomA while back, we analyzed NIO, and recently, we’ve seen a considerable 55% increase in the stock price. However, despite this rise, nothing truly convinces us that this bearish trend has ended or that a sustainable upward movement is underway.
The critical factor here is that none of the key levels that need to be breached for a trend reversal have been crossed. Specifically, we’re looking at the current Wave ((iv)) level around $6.04. If this level isn’t breached, it’s likely that we could see further declines, possibly dipping into the $2.99 range—or even lower, potentially as far as $1. It may seem dramatic, but considering NIO has already dropped up to 62% since January, repeating such a decline isn’t out of the question.
In conclusion, the market remains quite weak, and we’re still cautious about the possibility of more significant setbacks. Always remember, it’s okay to stay on the sidelines and not invest in everything that catches your eye. 🤝
NIO coming back to life?NIO has been down trending for years it looks like it is going to start up trending now.It needs to break my trend line.
NIO: A Dangerous Signal!On the daily chart (left side):
NIO has broken above the previous resistance level of $4.92 with strong momentum, signaling a bullish move. This breakout occurred with a large bullish candle, suggesting strong buying pressure.
The price is now approaching a significant resistance level at $5.63. It has attempted to test this level, but so far has not successfully broken through.
The 21-day EMA (blue line) is trending upward, supporting the recent bullish momentum. As long as the price remains above the EMA, the bullish trend may remain intact.
A pullback from the $5.63 level could occur, and the $4.92 level might act as support if the price retraces.
On the hourly chart (right side):
There is a clear ascending trendline (purple line) supporting the price from its recent rise. This trendline is closely aligned with the 21-hour EMA, further reinforcing the short-term bullish bias.
NIO is consolidating just below the resistance at $5.63, and the price is forming higher lows, indicating that buyers are still in control.
If NIO breaks above $5.63, it could trigger another bullish leg higher. However, if the price breaks below the trendline, closing below this support area on the daily chart, it may signal a potential short-term reversal or deeper correction. In tis case, the $4.92 will be our next target, as mentioned above.
Overall, the next critical point to watch is whether the price can decisively break above $5.63. A failure to break could lead to a pullback, while a breakout would likely extend the bullish trend. Let's see how it'll close today.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
NIO Options Ahead of EarningsIf you haven`t sold the NIO`s speculative bubble:
bubble
Now analyzing the options chain and the chart patterns of NIO prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2024-9-6,
for a premium of approximately $0.24.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NIO would skyrocket?The price was moving inside the descending channel for more than 3 years, where the stock has lost around 95% since ATH. Currently, price has meet the demand zone, and will accumulate between it and closest resistance (5,7-6$ per share) for a while.
Expect the price to break and retest the resistance zone soon.
Potential countable target is 4x-10x till last ATH.
Taking this as an investment opportunity.
DYOR
NIO: Rocket-like!The NIO share price shot up resolutely last week and recorded a peak gain of more than 38%. This development is in line with our primary expectation and is attributable to the blue wave (iii). We now expect this bullish momentum to continue so that the resistance at $7.02 can be broken. Following the high, we expect a small interim correction before a further increase completes the magenta wave (i). However, we must continue to keep an eye on our 40% probable alternative scenario, which is waiting to be deployed at the $3.61 support level. This scenario calls for a lower low of the beige-colored wave alt. II.
Has NIO Bottomed Out?NIO Inc. has recently attracted attention with a powerful rally following the release of its Q2 2024 results, leading traders to wonder if the electric vehicle giant has finally bottomed out. With a surge in deliveries and a marked improvement in financial performance, combined with changing technical signals, NIO’s stock may be at a pivotal point.
Why Last Week’s Earnings Were So Well Received
NIO’s Q2 2024 earnings report was a turning point for the company, highlighting significant growth across several key metrics…
The company delivered a record 57,373 vehicles, representing a year-over-year increase of 143.9%, with total revenues growing 98.9% YoY to reach RMB 17.45 billion. Vehicle margins surged to 12.2%, a dramatic improvement from 6.2% in Q2 2023, thanks to cost optimisation and increasing market demand for NIO’s premium electric sedans and SUVs. Gross profit saw a massive jump, marking a strong recovery from previous quarters. NIO’s improved financials and operational efficiency signalled to investors that the company is regaining its footing after a challenging year.
Additionally, NIO's advancements in technology, such as the development of in-house intelligent driving chips and full-domain vehicle operating systems, positioned the company as a leader in EV innovation. Coupled with strategic initiatives like the “Power Up Counties” plan and the launch of the ONVO brand, these developments painted a promising future, explaining why investors responded positively to the earnings.
NIO’s Technical Landscape: Has the Stock Bottomed Out?
From a technical perspective, NIO’s share price has been locked in a long-term downtrend throughout 2024, with the 50-day moving average (MA) consistently trailing below the 200-day MA. However, recent price action suggests a potential shift in momentum. In August 2024, NIO's stock found key support at the April lows, which acted as a springboard for a sharp rally following the Q2 earnings release.
This surge in share price was accompanied by a significant increase in trading volume, a sign that buyers were stepping in. The rally pushed NIO’s stock above its 50-day MA and toward its 200-day MA, signalling a short-term change in momentum. For traders, the key question is whether this momentum is sustainable.
The next consolidation phase will be crucial in determining if NIO has truly bottomed out:
• If the stock undergoes a shallow pullback and consolidates near its recent highs, this would suggest accumulation, implying that investors are preparing for another leg higher.
• Alternatively, the formation of exhaustive candles, such as long-tailed pin bars, or a sharp pullback with equal momentum to the recent surge, would signal that NIO has once again succumbed to its long-term downtrend.
NIO Daily Candle Chart: Trend and Volume Analysis
Past performance is not a reliable indicator of future results
For long-term investors, a more decisive indicator of a trend reversal would be NIO breaking through the May 2024 swing highs. If the stock successfully clears this resistance, it could confirm a double-bottom pattern, traditionally viewed as a strong bullish reversal signal. Should this pattern complete, traders can use traditional technical targets to forecast further upside potential.
NIO Daily Candle Chart: Double Bottom
Past performance is not a reliable indicator of future results
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Taking long after pullback* RSI heavily overbought 4h tf
* VOLUME starting to cool off
* Pullback after impulse!
NIO Stock Price Surges by 14%NIO Stock Price Surges by 14%
On 23 August, while analysing the chart of Chinese automaker NIO, we noted that:
→ For months, the price has been forming a downward channel (shown in red), driven by the company’s inability to turn a profit, with the $4.25 level acting as resistance.
→ Investors may hold out for positive shifts in the fundamentals, as for the first time in the company's history, monthly vehicle deliveries have remained above 20,000.
Indeed, the company’s second-quarter report released yesterday brought pleasant surprises, including reduced losses, a 98.9% year-on-year revenue increase, and improved gross profit margins.
Experts are revising their forecasts, with Deutsche Bank analysts raising their target price for NIO shares, anticipating that the company will sell over 60,000 vehicles in the third quarter.
The market reacted with a sharp price increase – NIO stock surged by 14%.
From a technical analysis perspective of the NIO stock chart:
→ The $3.70 level prevented the price from falling to new year-to-date lows;
→ The upper line of the downward channel was broken – now the bulls need to consolidate above this channel to render it irrelevant;
→ On the back of the positive report, the price broke through the $4.25 resistance level, which is now expected to act as support.
It’s possible that NIO’s stock price could follow a bullish trajectory, making the upward channel (shown in blue) increasingly relevant.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Very bullish on NIOHello, i've been following NIO since 5 month now, i really love and believe in the company, the CEO is crazy and passionated, he will fight for his company and use any mean to get the empire he desire to create, I love this and I believe in him and I think we're finally seeing the results of this.
From a technical aspect, the price tried 3 times to go lower, even with the swarm of short sellers and wasn't able to, and now a big rebound supported by fundamentals, I personally got my green flag i was waiting for, and starting now i'm going to dollar average buy this stock till the moon, I'm holding till 100$ since that's where i expect the stock to go in the next 5 years.
Thank you for reading, have a great one!
NIO very bullishHello, i've been following NIO since 5 month now, i really love and believe in the company, the CEO is crazy and passionated, he will fight for his company and use any mean to get the empire he desire to create, I love this and I believe in him and I think we're finally seeing the results of this.
From a technical aspect, the price tried 3 times to go lower, even with the swarm of short sellers and wasn't able to, and now a big rebound supported by fundamentals, I personally got my green flag i was waiting for, and starting now i'm going to dollar average buy this stock till the moon, I'm holding till 100$ since that's where i expect the stock to go in the next 5 years.
Thank you for reading, have a great one!
Support ZoneThe trend is still down but:
- we are close to the April low and:
- we are touching the retracement tops of 2019 and 2020. They were the resistances before the
2020 strong rise begun.
I consider this zone therefor as a support level that may be not easily be broken.
NIO Surge 12% On Q2 2024 Financial ResultsKey Highlights
- Nio cuts losses while setting a new record for vehicle deliveries in Q2.
- Deliveries jumped 143.9% year-over-year, and vehicle sales surged 118.2%.
- Nio’s Q3 guidance beats forecasts, showcasing resilience in a competitive EV market.
Overview
Nio, one of China’s leading electric vehicle (EV) manufacturers, continues to demonstrate remarkable resilience in the face of market challenges. The company set a new record for vehicle deliveries in Q2, with 57,373 units delivered—a 143.9% year-over-year increase. Vehicle sales grew by 118.2% to 15.68 billion yuan, showcasing the company’s ability to scale production and meet growing consumer demand.
Despite ongoing industry-wide pressures, Nio ( NYSE:NIO ) managed to reduce its Q2 losses to 5.05 billion yuan ($694.4 million), a 16.7% improvement from the previous year. The company’s gross margin expanded significantly from 1.0% a year ago to 9.7%, driven by vehicle margin improvements, which nearly doubled to 12.2%. This indicates a stronger control over production costs and a focus on high-margin segments, especially in premium electric vehicles priced above 300,000 yuan ($42,327), where Nio commands over 40% market share.
Forward Outlook and Strategic Positioning
Founder and CEO William Bin Li emphasized Nio’s strong market positioning, highlighting their expectation for Q3 deliveries to reach another all-time high of between 61,000 to 63,000 units. This bullish outlook shows Nio’s continuous expansion efforts, including the launch of new models and enhancements in battery technology. The company’s projected Q3 revenue range of 19.11 billion yuan to 19.67 billion yuan further underlines its growth trajectory, surpassing analysts’ expectations.
With a robust cash position of 41.6 billion yuan ($5.7 billion) as of June 30, 2024, Nio is well-equipped to invest in research, development, and further scaling its production capabilities. This financial stability provides a buffer against potential market volatility, including ongoing tariff and regulatory pressures from global markets.
Technical Analysis
From a technical standpoint, Nio's stock (NYSE: NYSE:NIO ) has shown encouraging signs of recovery after a prolonged decline. The stock recently traded up 3.30% at $4.38 premarket, rebounding slightly from its 50% year-to-date drop. The recent surge in Nio’s ADRs suggests growing investor confidence, driven by the company’s strong Q2 performance and optimistic Q3 outlook.
The stock price is testing its 50-day moving average, a critical resistance level that, if breached, could signal a bullish reversal. With momentum indicators like the Relative Strength Index (RSI) showing a climb from oversold territory, Nio’s shares could be positioned for further upside if delivery and revenue growth trends continue.
Moreover, the volume of call options has increased, suggesting that traders are positioning for upward movement in the stock, particularly as Nio continues to solidify its market share in the premium EV segment. If the stock manages to break above the psychological $5.00 mark, it could trigger additional buying interest, supported by improved sentiment around China’s stimulus measures and consumer demand recovery.
Conclusion
Nio’s impressive Q2 performance, coupled with a strong forward outlook, positions the company as a formidable player in the global EV market. While broader industry challenges persist, Nio’s ability to cut losses, achieve record deliveries, and expand margins reflects sound management and strategic foresight. As Nio continues to navigate market complexities and execute its growth strategy, investors may find renewed optimism in the company’s long-term potential, bolstered by both fundamental strength and technical recovery signals.
Nio’s journey may still face bumps along the road, but its recent achievements suggest that the company is on track to emerge stronger, setting a solid foundation for future success in the rapidly evolving EV landscape.
NiO $4.15 | SOLD OUT SHARES covering SHORTSit was the Asian darling in EVs
technically time to start accumulating
as this shall be as rewarding to at least 5x
when the FED decides to print money drastically
a year or two of h0lding should do it
and at current levels
downside is a catalyst for SHORTS to begin covering
before Brock and the gang of 8 begin to dress this up for Q1 2025 big run up as early as POST GHOOST month which is today Sep 3
NIO will long.Long position of support at the lower boundary of the oscillation range of the purple upward channel
NIO Stock Price Tests the 4.2 LevelNIO Stock Price Tests the 4.2 Level
For many months, the share price of the Chinese automaker NIO has been moving within a downward channel (shown in red), driven by the company’s ongoing struggle to achieve profitability.
From a technical analysis perspective, this week has provided a discouraging signal for investors – the 4.2 level, which acted as support in June and July before being broken in early August, has now been tested:
→ On the 19th, the price rose on a narrow candle (a sign of buyer uncertainty);
→ On the 20th, the price fell on a wide candle (a sign of seller confidence);
→ This suggests that the 4.2 level has likely switched from support to resistance.
This opens the door for the price to move towards the year’s low, around the 3.650 level.
From a fundamental perspective, NIO investors have reasons for optimism:
→ For the first time in the company’s history, monthly vehicle deliveries have remained above 20,000 units;
→ NIO, which positions itself as a premium brand, plans to launch a budget sub-brand called ONVO, which will offer more affordable vehicles – according to Seeking Alpha, the first L60 model cars could be sold as early as September, with 60,000 pre-orders already placed (indicating strong demand).
→ The company is optimistic about 2025.
NIO’s Q2 earnings report, due on 24 September, could be a turning point for the stock, which currently shows signs of weakness.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Potential bottom here on NIOI don't own any of this, I dislike anything Chinese.
however, if you're willing to trade a turd, this looks like a nice turd.
Divergences are clear on MACD and RSI.
Support is defined and stop loss FOR SURE below it.
$NIO - Bullish Dragon / Double bottomReal nice example of a bullish dragon setup here on NIO with the first higher low in a while here.
A return to the top of the local range from here would confirm the double bottom. Typically youd expect to see a partial decline to come in from there before an attempt to break higher. If the top of the range is tested a second time, itd confirm the partial decline, and statistically favor a break out.
The measured move should take you you up to about 9 or 10 but the real trade here could take you above the dragon into the common retracement zone a degree higher, 11, 15, 20.
Im not a fan of the company at all, but if theres an opportunity to make money here, the market will surely delivery you a story to support funds taking interest and rallying it with some of the other EV's like TSLA and RIVN.
NIO Q2 Performance signals potential reversal of long bear trendNIO Q2 Performance signals potential reversal of a 3-year bear trend.
NIO Inc. has been in a prolonged bear trend for the past three years, with its stock price consistently pressured by the unfavorable CNY/USD exchange rate, a factor that has affected many Chinese stocks in the global market. However, despite a challenging Q1 2024 that initially appeared weak, there are underlying positive developments that could indicate a potential trend reversal.
Key factors:
Challenging Q1 2024 with hidden strengths.
While NIO's Q1 financials initially seemed discouraging, a deeper analysis reveals several positive aspects. The quarter saw NIO transitioning between product lines, with existing products being sold out as new ones were introduced. This transition, combined with strategic price reductions, temporarily impacted vehicle margins. However, material costs have decreased, and significant cost-saving measures, including reduced R&D expenditures, have led to a substantial savings of over $500 million USD.
Record Sales in Q2.
NIO's Q2 2024 performance has been a standout, with sales figures reaching record highs. The company has reported a staggering year-over-year (YoY) growth of 143%, demonstrating strong market demand and effective scaling of its operations. This growth trajectory is particularly significant as it coincides with the rollout of NIO's new model, the Onvo, which is positioned to directly compete with the Tesla Model Y.
The CNY/USD exchange rate has been a significant headwind for NIO, with a strong dollar placing additional pressure on Chinese stocks in global markets. However, recent economic developments in the United States could signal a shift in this dynamic. Falling inflation rates, coupled with rising unemployment, are creating expectations that the U.S. Federal Reserve might implement a more aggressive rate cut in September than previously anticipated, potentially as much as 0.50%.
$NIO - BEAR FLAG SETUP $2.77 first Price TargetNice bear flag setting up nicely for a next leg down to around $2.77. Short at the break of flag.
