9866 trade ideas
NIO - perfect zone to DCA for 100% potential gainWe could see nice move up on NIO, potential 100% gain from this zone. In my opinion this is the perfect zone to DCA o add to long position.
Double Sided Play on NIOOn the Daily Chart of NYSE:NIO , we can see that it has been creating lower highs (starting from 11th January 2021 @66.99) and consistent lows in the 31-32.5 region. This is a macro descending triangle formation which indicates a potential bearish trend. However, on the RSI Indicator, we can see that NIO is currently at 30.03, which indicates that it is underbought . Also if we take a look at Nasdaq's Daily Chart NASDAQ:IXIC , we can notice it has been trending upwards in a parallel range and is currently at the bottom support line which indicates upwards movement for the next few weeks.
If NYSE:NIO follows the trend of the entire Nasdaq NASDAQ:IXIC market then it can move upwards significantly but on the other hand there is a chance it behaves in accordance to the descending triangle pattern and plummets.
If watches carefully NYSE:NIO can be played on both sides profitably, I am currently long on NYSE:NIO on a swing trade with a stop loss at 28 and a take profit of 38+ which might change based on price action.
Nio Stabilizes After a Year of LossesNio had a massive run during the worst of the pandemic, followed by a year of pullbacks. Now the electric-car maker could be stabilizing at a key level.
First consider the price area near $28. NIO consolidated around that level in October 2020 before proceeding to more than double. Now that zone is providing support.
Second, consider the high-volume surge on December 30 as yearend buyers stepped in. Notice the slightly higher lows on either side of that candle, which produced an inverse head and shoulders.
Next, the December low was near a 61.8 percent retracement of the original rally in 2020.
Finally, the new year has seen a rotation toward global stocks and weak-dollar plays as the market accepts the hawkish Fed. That shift could also help NIO.
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$NIO | UPDATE$NIO 1D
Would love to be proved wrong here, but Nio may be in for a final leg down. I'm looking for capitulation in the mid teens for one of the best BTFD moments of 2022.
Nio Analysis 12.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
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Thank you for watching and I will see you tomorrow!
NIO MACROVIEWHere we have NIO. The price might seem in acumulation zone between 33$ and 25$. On macro-view, we can see that the price did a descending channel, but with that acumulation zone we can have a beautiful bounce (price will break the zone from 33$ and will retest it and after that we will have a new acumulation zone on the upper limit of the channel before the breakout from the descending channel-bullish movement).
Not looking good for NioNio blew it's shot to reenter my triangle and breakout to the upside on Jan 4th(check out the red arrow). I bought puts $30 puts when my $33 dollar entry alert triggered with $34 stop loss. That stop loss is now at $32. This failure will most likely send the price to retest support at $28. Personally I don't think it will hold but we'll have to wait and see what volume looks like at that level to decide whether we continue shorting or not. $27.50 might be another entry to consider with a $28.50 stop loss. If that support turns resistance I see $20 as a real possibility. Again there's some variables to consider before executing this trade but it's not looking good in the short term... Technically speaking. NYSE:NIO
Continuation of sideways/downward movement?Here is my rather ameture, yet simple projection for the price action. NIO is clearly restrcited to a descending triangle. The generatal EV/tech space and chinese stock FUD doesnt help. Hopefully the March earnings might be a good catalyst as we squeeze in closer and closer to preferable (and hopefully soon positive in Q4 22/Q1 23) figures
Relevant levels on NIO + Explanation.Today, we will look at the relevant levels of NIO and what we can expect from them.
The first thing is defining the current context:
a) The price is making a corrective formation (defined by the support zone and the descending trendline)
b) The current drawdown is 59%
c) The current duration of the drawdown is 365 days.
From where we are right now. Which are the next relevant levels for bullish and bearish scenarios?
Bearish Scenario: Currently, the price is below the support zone. IF we don't observe bullish movements above 32 / 33 in the short term, the price may drop towards the next support/resistance zone at 14.00, which means an 80% drawdown.
Bullish Scenario: Assuming the price is able to move above 32 / 33, we may observe a reaction on the descending trendline. That would be a short-term bullish target. However, observing a breakout of the descending trendline could be a positive sign for position traders. It's important to say that when we have the breakout of structures of this size, it is normal to observe some corrections/throwbacks before new massive movements start.
Thanks for reading! Feel free to share your view in the comments.
$NIO | WEEKLY WATCHLIST 1/10$NIO 1D
Looking for a new low for Nio. Watching $24-26 region first to hold, otherwise we can see $20, $15 before any major low..
More pain before the relief This can find a bottom around 26 or fill the gap around 21 before any significant reversal.
$NIO LevelsBreakout zone:
$29.25
$29.00
Bull PTs:
$29.6
$30.15
$30.81
Bear PTs:
$28.76
$28.36
$27.88
NIO, 15 MinNYSE:NIO
NIO, 15 min
Buy at 26.38
Sell at T1: 28.42, T2: 29.66
Stop Loss at : 25.25
Please read the disclaimer
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DISCLAIMER:
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
NIO, Daily, Descending TriangleNYSE:NIO Daily, Descending Triangle
In General, NIO in a Bad shape
it may respect the Bollinger band and reach target one at 33.10 temporarily. However, it may also keep drooping, breaking the Support Trend Line breaking the other s/r lines 25.77, 19.43 ..etc
---------------------Disclamer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
$NIO ready to squeeze ?By me NIO looks very bullish and ready for bigger move upwards. Short term PT $37 and long term over $40 risk area around $26.
See you in the single digitsI am not even charting this one out. If you can't see it.. I highly recommend you little kids go to college and study finance and then read some books on your own. The bullish posts are truly laughable.
NIO found Daily Support. Bullish SwingJustification and PTs provided on Chart.
Daily Chart:
(1) Bounced off Support
(2) Hull Moving Average (period 16)
(3) MACD Bullish Crossover
(4) RSI low and trending positive
PT1: $38 (0.618 Fib) and at Downtrend Resistance
PT2: $40.7
PT3: $44.27
Expected PT1 ~ end of Jan 2022
price channels nioNYSE:NIO
price channels of nio in log scale. I think this is a buying opportunity. and i hope the chinese tech sell-off is over
