NIO Massive descending triangle with a shorter term head and shoulders. Gave us a pullback to the upside, but expect a continuation approximately the same length of wave A to come in. Support could be found at the IPO AVWAP.
NIO trade ideas
Nio Stock In DangerNio is making IMPULSIVE move in downward direction indicating of strong downward trend and is looking more than likely to break 30$ support and flush down to even Gap No. 1 then up until Major Support Nio can slide down.
This is also coupled with how chinese stocks are being threatened and US Investors are losing their faith in some Chinese stock and even Alibaba stock hasn't found it's bottom.
That is why, Trade Safely and enjoy this educational Idea about Nio.
Nio : Support and Resistance Analysis. This is a basic analysis based on recent support and resistance levels.
Nio is making IMPULSIVE moves in downside direction
and for short term it MIGHT bounce to whatever level it CAN but IF IT BOUNCED then highly likely it would be getting rejected from its Recent levels which is 34-35$.
As I said in my previous long term analysis for Nio, I used different Perspective and still could not find evidence regarding bullish case for Nio.
So, Nio is looking very bearish for foreseeable future and Please note This analysis is not intended for Short term movements .
Also, I could very well be wrong. Thus, Trade safely and I hope you would like this educational idea about Nio.
NIO Bullish IdeaSo looking at the weekly, we are finding support on the 200SMA. We are also following a decending trend line which is the base of a falling wedge in my opinion. I believe 2022 will be a breakout year for Nio. Taking a 2000 share position here as well as 3 Jan 2023 $40 leaps.
Nio looking to bounce to resistance levels from supportNio is at strong support zone.
Nio might be boucning back to 34.7 as min TP and then 36/37$ for short term here.
If Nio breaks yesterday's low then it would be better to close long positions as proability of Nio breaking support will increase.
Thus a tight stop loss at around 29.5 would be better while taking such position.
Trade safe, Enjoy.
Nio to 80-90 USD in 2022, 1W ChartHello,
as you can see the bullish flag in my opinion Nio could hit 80-90 USD in 2022
NIO Triple Top Then RetestA triple top is evident on NIO
The first top caused a test on 4.618, this will likely act as a support with the current top that has formed and contributing to the breakdown
Entry at 4.618
BULLISH divergence. W Formation. Positive divergence in RSI, MACD on 4H, as well as 1D charts. On daily chart, double bottom marked by hammer with long tail. W pattern target - $39
NIO under attack. NIO is under attack from several sides. I see it falling to a new LOW (mid 20's) after NIO day, if it even gets to go up by NIO Day.
1. China FUD & delisting fears.
2. Inconsistent monthly productions and lower than expected sales due to high priced vehicles. "Production of an economically affordable vehicle can boost sales."
3. Paid influencers like jim cramer spread more fear and cause more exists from the stock and lower newer investors.
4. Inflation fears.
5. USA China relationship.
These are all driving the stock down. Most problems will ease if a new model that is economically affordable and with the chip shortage easing in 2022.
Long term falling wedge is forming and we can see a break out after the 1st Qtr of 2022. "Maybe".
make it or break it area on NIO 🚨nio starting to look like it may be in a longterm downtrend channel especially if this support at 30 fails to hold.
price targets on smaller timeframe if support breaks: 30.47-25.87.21.25, If we bounce off support we can go to 38.
goodluck! like and follow for more 💘
Chinese 'Tesla' is going to explode!NIO inc. a Chinese electromotive company is about to grow immensely. It almost finished its correction since january 2021.
Best opportuniny to long term invest after squeezing this trendline and breaking it.
The price should go to at least all time high price.
NIO capitalization at the moment (November 10, 2021) is 67 bil, there's plenty of room to make x10 at least!
Chinese 'Tesla' NIO failed to break through and is very weakChinese 'Tesla' NIO failed to break through.
I was expecting NIO to break the trendline and to explode to new all time high, but it failed.
At the moment there is a chance to complete an 'M pattern, probably take short SL hunt and touch a trendline one again, but the momentum is weak, price is about to crash down.
The very least and bullish option what I expect is it makes double bottom and continues its range during next 3-6 months.
The worst scenario is it collapses down to $16-17, accumulates much more money in that area and then continues its healthy long term grow.
Please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
IDEA: NIOFollowing wave count for NIO. This stock ticker looks to be finishing up its correction/consolidation and looking for a possible breakout. Very high probable buy here.
All feeback is wanted. Thank you, everyone!
$NIO | WEEKLY WATCHLIST 12/13$NIO 1D
Still looking for another leg down before I'm interested in this name again. Eyeing the $24-26 region as first line of support and will go from there. I personally hold some equity for long-term and not bothered buy this pullback. I advise DCA strat.
Nio Long Term View and EW CountNio for foreseeable future is looking bullish as per speculative EW count in the chart.
Risk/Reward for investing in Nio is looking pretty good since Tesla has set an example and made ATH maybe other EV companies will follow that trend.
I would be happy if more people would be interacting with my posts and ideas as it will make it a worthwhile to post ideas and discuss them with TV community.
Rest, enjoy everyone.
NIO buy the rumor, sell the news for NIO Day.Delisting fears, productions and deliveries issues all prevented NIO from running to ATH's this year along with all Chinese ADRs. However, with production ramping up and good December deliveries we can see a new Uptrend. I think post NIO day will see a heavy pull back due to tax harvesting, as those who made gains and bought back in and held throughout the year will see to avoid taxes on their gains. Let's see what happens. Best of luck to all.
NIO 4h wolfe wave bullish - going to the mooonA Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
Nio buy zone Jus trying to keep it as simple as possible, Like they say keep it simple stupid.
It depends how fast it goes up we will to either at 80 dollar level or 160 dollar level
NIO idea #1NIO tight consolidations at high timeframe support (D, W & above) and bullish news earlier today.
Wait for longthere is 2 scenario
BLUE
RED
WAIT to take confirmation on lower time frame
Previous is linked below
NYSE: NIO - LongTaking into consideration external factors such as Nio's continuously increasing production and sales numbers; I am very bullish on their price action for the coming months. Nio's daily chart is forming a beautiful descending triangle and I am currently anticipating a bullish impulsive movement to the upside. Price is currently sitting in a key demand zone coincided with a bullish convergence on MACD; this leaves me very bullish on calling bottom on this future stud of a stock. Long NIO at current prices Stop Loss just below $30. This is a long term position. Not Financial Advice.
