NIO: Going to $5-8. Bulls will be miserable all year :(It seems like NIO stock has fallen a lot, doesn't it? Well guess what... it should fall another 60%+ from here.
NIO trade ideas
$NIO - $4.74 is a first price target bearish outlookThe downward channel I still intact, lower highs lower lows still playing out with many bearish flags setting up. There is a major gap at around $4.74 that needs to be filled.
One of the best looking charts out there...This looks like a lay up . Clean invalidation points if this is an Ending diagonal pattern.
Want to see a motive wave and break of top trend line of the diag.
Then potential full send
NIO: Buy ideaOn NIO as you see on the chart we have the breakout of vwap and the breakout of the resistance line so it's mean that we will have a big probability to have an uptrend.Thanks.
NIO: Sell ideaAs you see on the chart we will have a big probability to have a downtrend because we have the breakout with force the support line and vwap.Thanks!
NIO $NIO Long#NIO NYSE:NIO
📈Chart Pattern: Falling wedge
🫵Perspective: Long
💔Stop loss: Breaking $ 6.95
NYSE:NIO SKILLING:NASDAQ AMEX:SPY
NIO can find bottom near 7.00$NIO is respecting trend-lines of this beautiful wedge and showing some strength on 4h and 1d RSI. I think it may find local bottom here, reverse & breakout from the wedge. I'm looking to bid 7.00$ area if given or after it breaks out to swing long up to 14.00$
NIO AnalysisPrice did not play out as analyzed last week. Price retraced from the current bullish POI and failed to fill the fair value gap before coming back down. This might be a start of Wyckoff accumulation schematic before the earnings next Friday. Price would probably consolidate here until then.
NIO: Sell ideaSell idea on NIO as you see on the chart because we have the breakout with force the vwap indicator and also the breakout of the support line so it's mean that we will have a big probability to have a downtrend.Thanks!
NIO breakout from descending wedge NIO is shown on a 4H chart. It has been downtrending for 3 months. Howver, April and May
has high relative volume trying to reach the capitulation of a bottom. Thursday May 4th
marked a near term bottom. NIO is now rising and breaking out of a falling wedge drawn onto
the chart. It has crossed over the POC line of the volume profile ( This is the price level of
the highest volume of trading). Price is impending a mean anchored VWAP. Relative strength
has spiked. With this confluence of bullish signals, I have taken a long position which has
appreciated 4.6% in the first half of the trading day having opened the position in the pre-
market. I will now take a trade of call options striking $ 7.00 DTE 7/21. The rising dollar
strength has confounded TSLA's sales in China and the Nordic countries. NIO is on the ready to
pick up the slack.
NIO AnalysisPrice playing out nicely as analyzed last week, giving us a mitigation of the bullish POI and a huge spike to the upside of 14.49%. Target for this bullish move should be to fill the fair value gap at 9.45 before we see a bearish retracement.
NIO: Buy ideaOn NIO as you see on the chart we have a buy idea because we have the breakout with force the vwap indicator and also the breakout of the resistance line so it's mean that we will have a big probability to have an uptrend.Thanks!
NIO The stock is considered in the areas of the final bottoms, a wave that considers the entry areas for the investor to be safe, investment centers, we would have a fluctuation here with a range of 1 less, but the prices I see are golden for investment entry
Expecting a bounce at this level.Expecting a bounce at this level from $7.95. Its right at the trend line support since mid 2019.
$NIO - BEARISH Flag Setup to $4.78Nio has finally setup a nice BEARISH F FLAG. Watch for a break below the flag. Short at the break and follow thru with a new leg extension. There is a gap that needs to be filled at $4.78
NIO AnalysisPrice consolidated since my last analysis. No changes to my expectations, expecting price to rally towards the bearish POI at 10.03 next as the target after mitigating the current bullish POI.
NIO : Sell ideaSell idea on NIO as you see on the chart because we have the breakout of vwap indicator.Thanks!
Nio long tradesimple price action with multiple confluences. Liquidity was collected from downside which was very much expected. Looks ready to test upper line of the wedge, take profit just below 89 period MA on daily chart.
NIO AnalysisPrice playing nicely as analyzed last week. Price showed signs of rejection from the POI at 7.90. No changes with my original expectations, I'm expecting price to continue higher after this bearish retracement, potentially into the bearish POI at 10.03.
NIO: Trading in a Dangerous Area; Watch Out For These Key Points• NIO is trying to reverse the trend on the 1h chart, as now it is above the 21 ema, which is ascending;
• What’s more, NIO just filled one of its gaps at $8.29, but it seems this area is acting as a resistance now;
• The problem is that we don’t see a clear bullish structure, like a higher high/low yet. This gives the impression that this was just a short-term rally, not a real bullish reversal;
• To make things worse, NIO is on the verge of losing its previous support line at $8.03, and this could completely frustrate this rally;
• Therefore, NIO must close above this key point today, in order to avoid a bearish continuation;
• On the other hand, it seems that the $8.29 is our key resistance, and only by breaking it, NIO would actually turn bullish again. In this case, it could fill all the previous gaps and hit the $9.47 again.
• On the daily chart we see that the 21 ema acted as a resistance, and NIO failed in breaking it. This 21 ema is at $8.33 right now, close to the $8.29 seen in the 1h chart, making this area a dual-resistance level;
• Therefore, it is crucial for NIO to break this resistance as soon as possible, in order to trigger a meaningful bullish pattern.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
NIO REVERSES within descending parallel channelOn the 30-minute chart, I have drawn the upper (red) and lower (green) trendlines
of the descending parallel channel. While it had been riding the upper edge of
the Fibonacci/ EMA channel, it has reversed and headed toward the base EMA with
the candles green to red. The zero-lag MACD indicator lines crossed above the
histogram while the True Strength Index oscillator has had a line cross in the supply /
resistance zone for further information. I conclude it is time to close long positions
in profit and cross the aisle into short positions. I will take a put option trade for
the expirations of 5/19 @ $ 9.50 but a less risky trade would be a longer exiration
by 1-2 weeks ( while at the same time decreasing the reward potential.)
