$NIO - VERY BEARISH $11 first Price TargetDownward Channel heading Intact heading to $11. There is bearish technical setup heading to a possible double bottom. It may break down further if it cracks.
NIO trade ideas
NIO Long The Safer Way 15 strike Nov Earning day play:
SELL DOTM PUT NIO 18 NOV22
FOR $2.13
Strike 15 ROI =15/2.13= 14.3 %
Target support zones 13-16 target resistance 27-30
*** 2 outcomes
a) Stocks close above 15 By EXP in November we make an income 14.3%
b) Stock Tanks because of delisting fears or geo political USA china We get the asset stock at 15 strike - credit received $2.13= $12.87
Safety of margin current stock price 22-12.87= 9.13 trade structure safer
Hope it helps
Marc
$NIO potential bull flag Nio is in a potential bull flag with no mentionable volume and volatility.
This in combination with the previous double bottom is a potentail signal for a bull run to the circled price target.
CUP and HANDLE BREAKOUTNIO is on the verge of a cup and handle breakout. Handle formation is almost over. Target price $36.5 on breakout of handle.
NIO - The Top is in. Lower Prices AheadTo no surprise NIO like most of equities is vulnerable to the increasing pressures of inflation and the feds responsibility interest rate hikes.
Technically we see NIO is a BEAR FLAG structure right at the $20 Key Level
Making NIO more interesting is that this structure is formed with LESS participation on the second attempt at $20
Meaning NIO made a HH (Higher High) with LESS participation, So... we have a M top inside a bear flag
We love seeing these patterns as it brings confluence to much lower prices.
Ideally we would like to see the market open Tuesday Strong then position in NIO for additional confirmation however NIO is a sell NOW.
We have positions open and running so we are going to wait on ideal to enter.
Price targets on NIO would be a 3 Month contract down to $10/11 or 50% off.
NIO AnalysisPrice has been doing exactly as analyzed last week. Price is on a downtrend, expecting the price to hit the bullish POI. Here we are at the bullish POI. Volume is decreasing as price mitigates this bullish POI. I'm expecting a further down move as the price took liquidity at 21.80 and has been breaking structure to the downside. Target for this downtrend should be the lows at 15.84
$NIO with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $NIO after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
UPDATE #3 When will NIO finally get going?I've been playing with NIO for almost a year now and seemingly very familiar with it's predictability. I haven't moved any of my lines on the charting above from the initial June post, just added in a few directional guesstimates (depending on good earnings). We broke below what initially appeared to be an ascending triangle, continuing to support my idea of a small entry at $17 and a few more nibbles down into $16
$NIO 1D ANALYSIS!Possible Cup & Handle on 1D & Bull Flag on 4HR that can cause NIO to move $4-$12.65! Price is also entering The Golden Zone (0.5/0.618) on the Fib Retracement. I'm looking for buying opportunity in this area & Call Options as well to swing & add more after the breakout!
$NIO - DOUBLE TOP $9.44 first Price TargetNio is still in a strong down trend channel with a major gap at around $9.44. A double top formation has recently formed and price rejected at top of channel. Expect to head lower in the channel.
$NIO Good Risk/Reward HereLow risk entry we are getting in $NIO. Next week could be volatile due to FED's decision. So, this will be a trade to bet on a bullish move for the markets and if not, the stock price can turn south very quickly. I am on this trade.
NIO NEXT BULLISH MOVENIO has been on a bullish move since its all-time low ($1.19) in Sep-2019 to its all-time high ($66.9) in Jan-2021. The monthly chart shows that the price made a 1 - 2 wave movement. 2 making a deep 0.791 retracement of 1.
On the Weekly (supercycle) chart wave 1 can be seen making a 5 wave movement then a ABC correction with wave B retracing to 0.66 of A making it a zigzag correction with an expected 5-3-5 move.
On the daily chart we can clearly see the 5-3-5 wave correction. Wave C created a 5 wave move convergence proposing the end of the ABC zigzag correction
On the 4H chart the 5th wave of C also converged with another 5 waves shown in purple. Now that we have 5 waves upon 5 waves we are expecting a new grand super-cycle bullish move. We can see that we have just completed a 5 wave move forming a grand super cycle 1. The price is expected to retrace to 0.791 where we find using smart money concepts a breaker and an imbalance where price might retrace to and turn bullish. Projected buy entry would be at $15.00 being a key level entry inside the zone.
In terms of harmonics we can clearly see the chart slowly creating a bat pattern with an expected shallow C retracement of 0.786 or 0.886 before the move up.
In terms of targets the first target would be the 1.618 of wave 1 which is $31.78.
The next target would be the end of the harmonic pattern at D which is $40.64.
NIO AnalysisPrice is playing out exactly as analyzed last week. Price is on a downtrend, expecting price to hit the bullish POI before we make any decision. We could see price taking out the sell-side liquidity to continue with the downtrend.
Nio - Garbage stockI continue to be short Nio - the little garbage stock till the 18s this week... I expect a little bounce around 18.80/ 18.85 till that finally breaks but I do not expect that to happen just yet, when it does though, that has plenty of downside. Stay turned. More downside coming this week for things.... In the event NIO holds the 20.77 and makes it way back to 22.80s, I expect a full rejection there and just be a little more patient for the 18s to be showing up. They are on their way.
NIO - Bearflagging in the key zone
Rejected VMA at 24 and now showing signs of bearflag on daily.
Early to call, but any push above hear and below VMA (black line) should be treated with skepticism. In fact, it'd be a good spot to short with the S/L just overhead at VMA
If it can close above VMA, then watch for continuation to 30-32 before pullback.
Disclosure: I am long at 20.90, will give it a couple of days with breakeven stop loss if the pricer moves higher or 20.50; whichever hits earler.
$NIO a technical blessing 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Chinese Electric Vehicle company $NIO today at $22.50 per share. Our first take profit is set at $27.50. We also have a stop loss at $21.
OUR ENTRY: $22.50
FIRST TAKE PROFIT: $27.50
STOP LOSS: $21
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$Nio #breakout #fintwit#Nio Breakout 🚀 in 1h Chart - Target 29$ 🧲
All Entry Criteria have been met:
1. Price above 10, 20 & 50 EMA ✅
2. Positive Supertrend in 4H Chart ✅
2. Consolidation Phase in Uptrend > 8 days ✅
3. Breakout on above average Volume ✅
NIO AnalysisPrice is on an uptrend. Price has taken liquidity above 23.98. Expect price to retrace down to bullish POI.
Update on NIO LONG, locking in my entry pointaccording to my two previous plots, I'm still seeing mid August for my entry at $16-$17 unless NIO decides to grab on to the blue dashed trend line later in July where I'd then be looking considering my first small entry at $20-$21
Cup and Handle With Trendline if you zoom out you will see the cup and handle that is forming and withing the past month we have been trading in this upwards trend if we can break the resistance at 27.50 Nio has possiblity to moon
