nioNio (NIO) shed nearly 10% after the Chinese electric vehicle market posted lower-than-expected Q4 earnings. Trading volume was more than 67.0 million shares against a daily average of 66.6 million. Its shares in Hong Kong were also down over 7%.
NIO trade ideas
NIO Long and short term put positionsstarting on the daily TF i noticed theres this S/N shape taking form which i believe are waves of the market. knowing that i think price is heading back into a long-term demand zone marked in green (at 9.29). I am considering entering Dec, 16th exp $10 or $12 put positon for that long term demand. for short term day trades i marked two supply zones in red boxes on the 4H TF. then i went to the 1H and marked a potential target (24.72) before a bigger drop to correct the gaps and what i think is liquidity in price. my put entry is marked by the red broken line and every target is marked srarting with the solid green line. this could be something i look at next week as well. i dont not expect to to move all the way in the last two days this week.
Confirmation confirmed. Short and quick, check my last couple posts to understand more.
Reversal of the bearish channel trend should be happening.
Good buying entry.
Not financial advice, easily could be wrong.
Nio at decision pointNio is at 382 fib and also has wedged into support.
There's also a downward channel there as well.
Oscillators are following price.
I am seeing potential bullishness to the top of the channel.
NIO had an interesting rideNIO is confirming a new Fibonacci now and we can draw the interesting levels. It seems we found the bottom and the next step is to outrun the VWAP again.
After, it will take some time to reach the next hard level at $30 and $34.
Again patience will be rewarding.
Big Gap to fill I expect this gap to fill, Also RSI seems to be oversold and possibly ready to head back up shortly, no pun intended
$NIO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NIO after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
NIO Breakout Alert $the moment we clear our ascending line, we will see a bearish trend reversal , and have a massive test around the 29$, before we continue the trend up, before that we should hold above our box, and never go below to confirm the bullish momentum and breaking our ascending line, and doing higher lows, by bouncing above our support box.
discount for the best trading chart that I personally use
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Broke out of the down trend?Quick TA today
Clear down trend (blue channel)
Clear breaking of the top trend line (bullish)
Volume spike confirming breakout
Waiting on the retest confirmation before buying a lot more (dropping back to $18.50)
Next leap to $34
Not financial advice, this is just what I see happening. Let me know what you guys think.
NIOLONG-TERM: Mix of bullish gartley and bullish bat, triple classic bullish divergence, backtesting falling wedge breakout, upside gap to fill and bullish engulfing candle on weekly. (not financial advice)
head and shouldersThe chart is making the best head and shoulders pattern at this time. I think it will rise after the price reaches $18. Let's see what it will do next week, bye
NIO: Continuation FlagMajor Pattern: Weekly Descending Triangle
Continuation Pattern: Flag, short on Thursday
Earnings watch 3/24Earnings watch 3/24
NIO
DRI
MOV
GAMB
HNST
MAXN
TITN
FDS
AUTO
SGHT
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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strategy for NIO TUESDAY 03/22/2022NIO: bullish entry fairly (21.40) with a chance to hit (23.20) you guys take profit where you can
strategy for NIO TUESDAY 03/22/2022NIO: bullish entry only above (21.40) resistance (23.35) bullish gap opening would be bullish gap and go
NIO: bearish entry only below (19.20) possible profit-taking next to support (17.60) opening with bearish gap we would have bearish retest
ELLIOTT WAVEElliott wave Elliott wave Elliott wave Elliott wave Elliott wave Elliott wave Elliott wave Elliott wave Elliott wave Elliott wave Elliott wave Elliott wave
NIO ChartTechnical analysis: I propose to participate in the movement on the counter-rebound from the volumes from the bottom up to the trend line of the descending channel, followed by the continuation of the downward trend
NIO Fib levelsStrictly Fibonacci retracement and time zones on NIO. Market seems to have flipped and come September with a 50 point interest increase I think it will slow down the run. This is all assuming the war doesn't get worst between Russia & Ukraine.
Levels to consider - NIOWe need to break the downward trendline and lines of resistance before moving back up to 23.4.
