NIO AnalysisPrice consolidated since my last analysis. My expectations remained unchanged, expecting price to continue lower and taking out the equal lows at 9.50, and potentially into the bullish POI at 7.90.
0A1K trade ideas
$NIO - BEARISH Flag Setups $5 TargetNio has undergone multiple Bearish flag setups and is now also formed another bear flag for a potential leg down to the $5 range. This could drop down to as low as $1 support.
NIO: CHART UPDATE / SUPPLY & DEMAND / FULL BREAKDOWN & RSI DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of NIO STOCK. As an update to my previous chart on NIO this chart features a much more clear interpretation of where price action can head in the near future.
POINTS:
1. Deviation remains the same. MACRO DEVIATION = 10 POINTS, MICRO DEVIATION = 2.5 POINTS
2. Current Trend: Symmetrical Triangle Pattern
3. Earnings Report 03/23
RSI:
1. Pay Close attention to Lower Lows in Price Action & where RSI tends to reset at those given points.
2. Notice how RSI is showing sideways momentum in OVERSOLD territory for NIO this is usually indicative of an upcoming shift in momentum as SELLING BECOMES EXHAUSTED.
IMO: Let's take into consideration that lately COMPANY FUNDAMENTALS have not reflected onto NIO's STOCK PRICE but I would also take into consideration just how beaten down this stock is and where China's economy is currently headed.
SCENARIO #1: In a BULLISH scenario price action holds above 10 & sees next move up to 12 to confirm continuation of current setup before another possible retest of 10 as a SUPPORT. BREAK OF 13 would be a BULLISH entry point imo.
SCENARIO #2: In a BEARISH scenario price action loses 10 as a SUPPORT and will rely on 9.50 as a SUPPORT if this were to break SUPPLY & DEMAND CHANNEL will rest between 9.50 & 7 digging an even deeper pit for NIO to climb out of.
FULL CHART LINK: www.tradingview.com
NYSE:NIO
NIO AnalysisPrice played out nicely as analyzed last week, filling the fair value gap at 11.17. No changes to my expectations, expecting the lows at 9.50 to be taken, and potentially the sell-side liquidity built in November 2022 to be taken too.
NIO INC Stock Analysis Target Price 5 USD only if the support line of
the channel is broken.
It is a bearish market - so do not go long now!
Hold or go short only if the level of 10.00 USD is
broken for more than 2 days of Market
NIO looking bullish on 4hThe price action may be trying to form an inverted head and shoulders (currently in the process of forming the right shoulder). The RSI seems to be bullish and creating an ascending triangle seem to have completed wave D and now waiting on wave E which should be the breakout wave bringing the RSI hopefully into the overbought territory.
Nio reversal time I can see 5 pivots down and a pending reversal
Expecting a renaissance for ev stonks
Bull div on weekly
China leading world econ out of fakecession
GRI Industry4
NIO seems to be inbound $15On the 4HR and 1D it seems like we can bounce back to mean price from around $10.
Stance is neutral, will take profit at $15, be cautious of downside but I think we may gap up first, then towards $20 if this rally lasts into early Q2.
$7 would be the floor if price rejects.
Stay safe.
NIO AnalysisPrice playing out according to my analysis last week. Price is currently mitigating the bullish POI at 11.17. There is no signs of change of character on the lower timeframe. I'm expecting price to invalidate this bullish POI and take out the equal lows at 9.50.
NIO didn't break, but is close to the 2022 POCNIO is currently trading near the 2022 Point of Control (POC) after failing to breakout at the top of the descending channel. This presents a great opportunity for investors to capitalize on a potential rebound in the stock price. Although NIO didn't breakout at the top of the channel, the current stock price level presents an attractive long-term opportunity for investors to benefit from the potential upside in the stock. With the stock price near the 2022 POC, investors should consider taking advantage of this opportunity to get in before the rebound.
*Testing AI generated text*
Cheers!
Bear Flag Break out, target 6.50If Bear flag plays out, price target at about $6.50. Lack of historical support from original rally. RSI may head back down to over sold before any probability of recovering up.
$NIO - Price Target $5 - Continued BEARISH Flag SetupAs you can see, a mountain top has been formed with a base at the $5 to $1.50 range which will be the price target. It will take sometime but heading there as it is still forming the bottom of the mountain. It also rejected and could not get over the downward channel (right side of mountain).
$NIO earnings play 👁🗨*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
Entry: $21.31
Take profit: $27.50
Stop loss: $20
If you want to see more, please like and follow us @SimplyShowMeTheMoney
NIO AnalysisPrice playing out according to my analysis last week. Price has given a confirmation to go lower from here. I'm expecting price to continue lower, at least into the lower timeframe bullish POI at 11.17, and possibly equal lows at 9.50.
NIO BEARISH BAT BEARISH HARMONIC PATTERN
Still not valid until price close above B .
If the pattern is activated the target will be point D which is the completion of the pattern and expect a 38% retracment.
Trend change in $NIOAs $NIO is running into the long term downtrend line this could creat an interesting setup.
Need to wait if it breaks or fail.
Nio - very close to major breakout. Big upside potential.Break of the down trend resistance line could mean major upside or a small relief rally. Regardless, money to be made.
Breakout on $NIOAnother possible breakout on $NIO. If Elon goes well, the rest of the EVs companies share that fate. Plus, is a China stock.
QUICK LONG ON NIOlong spot aiming at >12$. gl bois. china should see green from this mornings moves it there turn to pump it some (hopefully) got some march options calls idr the exact ones.
watching for explosive breakout from consolidation 😍boost and follow if you enjoyed! thanks <3
NIO entered consolidation after breaking from local downtrend, on the break of 14.38 I expect a push to 16.7-21-24 !
Trading Idea 008: NIOMarket Conditions:
- bearish trend
- correction movement
- bullish sentiment in the market
Key Level and Lines:
- $11.81 resistance
Trading Ideas:
- go long after a consolidation around the resistance
- a false breakout and bearish sentiment in the market = trade opportunity for shorting.
NIO CARSif you don't like Tesla, Here Nio, the chinese version.
- Like Tesla, Nio makes luxury electric vehicles. Unlike Tesla, Nio does not make its own EVs, instead partnering with a state-owned auto manufacturer. Nio, Xpeng (XPEV) and Li Auto (LI) are startup rivals to Tesla in China, the world's fastest-growing EV market.
- Nio's great advantage is that its owners have the luxury of using both battery-swap and charging, reducing battery and range anxiety some might have with electric vehicles. In 2021, the founder, Li Bin, announced that Nio plans to expand to 25 different countries and regions by 2025.
Trading Parts :
- Notice the GAP in October 2022, around 10$. Then NIO started his first bullrun to 66$+.
- Right now the Gap has already been taken back in October 2022.
---------------------------------------------------------------
Buy Zones :
---------------------------------------------------------------
- Buy breakout around 13$
or
- Buy Retracement around 10$
TP : 26$ ish. ( at GAP zone )
SL : 5.8$
---------------------------------------------------------------
- Trading is Trading but i consider NIO as good long term investment, but it's just my humble opinion.
Happy Tr4Ding !
HS patter on 4H timeframe. HS pattern forming at 4H $NIO. We have so far good support on 0.5 Fib level 10.65. if broken we will leg down to 10.40 and eventually 10.
