$NIO Triple dives, a repeat of 2020-2021. Bears in hibernation.During the first dive, volume is at its lowest. It dips slightly during the formation of the second dive in the middle, then gradually rises as the final shake-off takes shape, eventually reaching a high point.
Observe what's happening, a divergence between price and the On Balance Volume.
2020 // While the stock formed lower lows, the OBV stayed near the same level. During the first dive (part of a triple dive pattern), NIO’s On-Balance Volume kept declining until the second dive formed, after which it began to rise.
2025 // The OBV forms higher highs with each dive. While the price is making lower lows against a descending resistance line, the OBV is trending higher. Why is the price dropping when the OBV has reached the same level? I’m sensing a reversal is on the horizon.
The OBV is acting up.
What do you think? I'm very bullish.
NIO
$NIO Fibonacci Analysis. Reversal is coming.Placing the fib-retracement tool on the top of the chart and the recent bottom, I see that many level coincide with the support and resistance areas on NIO's chart.
Short-term, I see NYSE:NIO breaking out of this falling wedge:
It takes ~140 days for the third dive to play out. (Inverse H&S pattern, IMO).
See my previous post for a more in-depth explanation:
$NIO is looking very explosive.Nio has seen a long period of consolidation and the sentiment is at all time lows, it seems.
I think that the stock is in the 'depressive' phase where holders are exhausted, and accumulation is taking place. I'm betting on a breakout to $10, and then $40 on a long-term rally.
$NIO Price will see a rally to $30 during the coming China rallyNYSE:NIO is an EV maker in China, that moves close to AMEX:KWEB and other ETFs.
We didn't see the stock price move like during this TVC:HSI or NYSE:BABA rally, where the large Chinese equities were bid up this week. Instead, NIO has stayed flat.
Looking at the historic structure, and NIO's pattern today, I compare them and form a conclusion that this marks the beginning of the rally.
I think that the bottom is in, and that this 'triple dives' pattern represents a large reversal pattern, dating back 1 year. Just come back to this chart 12 months from now, and tell me what you think.
Update:
Look at the tilt of the support lines and compare them to each other.
$NIO A massive Rising Channel & Wyckoff Accumulation
NYSE:NIO has been in a downtrend for over 1,450 days—could it finally be time to shine? ⌛️
A massive rising channel: early projection based on top pivots and potential mid-range pivots. 👀
Hey community, do you still believe in NYSE:NIO ?
Are you holding 💎🖐️ and staying unfazed by the downtrend?
It's Finally Time for NIO to Shine: Bullish Trade Setup AheadNIO Trade Setup 🚗📈
Take Profit 1: $5.00 (23.6% Fibonacci retracement)
Take Profit 2: $5.42 (38.2% Fibonacci retracement)
Take Profit 3: $5.77 (50% Fibonacci retracement)
Take Profit 4: $6.11 (61.8% Fibonacci retracement)
Take Profit 5: $6.58 (78.6% Fibonacci retracement)
Stop Loss: $4.10 (Below the support zone and the lowest Fibonacci retracement level)
Reasoning and Fundamental Analysis 📊
NIO is experiencing strong growth in the electric vehicle (EV) sector , making this trade setup especially promising. In December 2024, NIO delivered a record 31,138 vehicles , marking a 72.87% increase from the same month last year. Additionally, NIO's Q4 2024 deliveries of 72,689 vehicles exceeded expectations , showcasing the company’s solid growth trajectory.
Key factors supporting this growth include:
A diverse lineup of high-performance vehicles, such as the ES6, ES8, ET5 , and the upcoming ET9 model launching in March 2025.
Onvo's L60 model, which has gained traction and is expected to ramp up production to 20,000 units per month by March 2025.
The launch of Firefly, NIO's third brand focused on compact cars, with the first model beginning deliveries in April 2025 in China and expanding to Europe.
NIO’s Battery-as-a-Service (BaaS) model , which allows users to swap batteries at stations, continues to grow rapidly. The company is set to open its 3,000th battery swap station in China soon , enhancing its competitive edge in the EV space.
With plans to double its 2024 deliveries of 221,970 vehicles in 2025 , NIO is strategically positioned to capitalize on the booming EV market. This bullish outlook is the foundation for our trade, where the Fibonacci retracement levels serve as key targets for profit-taking as the stock moves upward. The stop loss is set below the key support zone, offering protection against sudden reversals.
Good luck with the trade! 🚀
China EV Market Weekly Update (W52) In the final week of December, NIO delivered 6,500 units, marking a 20% increase compared to the previous week and 14% YoY growth. For December, NIO's total registrations reached 20,000 units, with the ES6 (EL6 in Europe) and ET5 models dominating sales. Additionally, Onvo, NIO's sub-brand, registered 4,200 units of its L60 SUV (+101% WoW), contributing to a December total of 9,405 units.
Key insights:
Tesla posted 18,600 registrations (+6% WoW). Model Y remains the top seller, but Model 3 is gaining traction.
BYD led the market with 72,100 registrations, though this was down 18% WoW and 6% YoY.
Xpeng and Zeekr hit record numbers, with 10,100 and 8,900 registrations, respectively.
📈 Despite mixed signals across the EV sector, NIO’s growth is a promising indicator of its resilience in a competitive market. The rise in Onvo’s L60 SUV registrations further highlights potential in NIO's multi-brand strategy.
I'm back in the game. I sold my entire position at 7.47 on September 30, and people thought I was crazy. Anyway, I recently bought back around 4.55. This stock is playing yo-yo with our nerves, haha.
Next target? Early March 2025 (Fibonacci time extension) for a gain between +25% and +45%. Good luck to everyone!
sorry for all the drawings, this is my personal chart.
$NIO Trading AnalysisThe chart showcases NIO Inc. in a prolonged downtrend, characterized by a sequence of lower highs and lower lows over the past year. Recently, the price appears to be forming a base near key support levels, suggesting potential consolidation or a reversal. The chart integrates multiple technical indicators, including pivot points, dark pool activity, volume, trendlines, and moving averages.
Key Observations:
1. Trend Analysis:
Prolonged Downtrend:
The red descending trendline highlights a series of lower highs (LH) since the beginning of the year.
The price has struggled to break above key resistance levels, maintaining a bearish bias.
Short-Term Consolidation:
The price is currently consolidating near 4.50, supported by the green ascending trendline. This suggests a potential shift in momentum if buyers step in.
2. Support and Resistance Levels:
Resistance Levels:
4.77-5.00: Immediate resistance zone aligned with multiple dark pool prints and a prior pivot level.
5.79: Key swing high resistance level.
6.15-6.68: Long-term resistance near pivot R3 and R4.
7.11 (R5): A significant level marking a potential breakout zone if bullish momentum accelerates.
Support Levels:
4.50-4.52: Current consolidation zone and a cluster of dark pool prints, providing immediate support.
4.28 (S1): Recent swing low, offering additional support.
4.02-3.69: Deeper support levels, with 3.69 marking a historical low.
3. Volume Analysis:
Increased volume near 4.50-4.77 suggests institutional interest or accumulation in this area.
Declining volume on recent pullbacks indicates weakening bearish momentum, a bullish signal for potential reversal.
4. Moving Averages:
The price is hovering below the 8 EMA and 21 EMA, indicating short-term bearish pressure.
A decisive break above these moving averages would signal a potential trend reversal.
5. Dark Pool Activity:
Significant dark pool levels are clustered between 4.52 and 4.77, which could act as strong support or resistance depending on price action.
Above this, dark pool levels near 6.15 and 6.68 highlight potential targets in a bullish breakout scenario.
Trade Setup:
Scenario 1: Bullish Reversal from Current Levels
Trigger: A breakout above 4.77 with strong volume would confirm bullish momentum.
Profit Targets:
5.00: Psychological level and minor resistance.
5.79: Key swing resistance and a long-term target.
6.15-6.68: Cluster of dark pool levels and pivot resistance zones.
Stop-Loss: Below 4.28, as a break under this level invalidates the bullish setup.
Scenario 2: Bearish Breakdown Below 4.50
Trigger: A daily close below 4.50, confirmed by increased volume, signals further downside.
Profit Targets:
4.28 (S1): Immediate support level.
4.02-3.69: Long-term support zones and historical lows.
3.50 or lower: In case of capitulation, watch for deeper bearish targets.
Stop-Loss: Above 4.77, as a reversal above this level would indicate bullish recovery.
Scenario 3: Range-Bound Consolidation
If the price remains range-bound between 4.50-4.77, traders can:
Look for breakouts above 4.77 for bullish entries.
Look for breakdowns below 4.50 for bearish entries.
Target mid-range levels for quick scalping opportunities.
Final Thoughts:
Short-Term Outlook: The 4.50-4.77 zone is critical. A breakout above 4.77 favors bullish momentum, while a breakdown below 4.50 opens the door for further downside.
Long-Term Outlook: The green ascending trendline and accumulation near dark pool levels suggest that institutional buyers may be stepping in. If the price holds above 4.50, this could mark the beginning of a new uptrend.
$RIVN 15 DOLLARS AFTER EARNINGS ? NASDAQ:RIVN 15 DOLLARS AFTER EARNINGS ?
Rivian Automotive has confirmed that its next quarterly earnings report will be published on Tuesday, May 7th, 20241.
The earnings conference call is scheduled for 5:00 PM Eastern on the same day1.
Stock Price Movement:
As of now, Rivian’s stock price stands at $9.21 per share1.
The stock has been volatile, and investors are closely watching its performance.
Market Expectations
While Rivian has faced challenges, including supply chain disruptions and production delays, the market remains optimistic about its long-term prospects. The company’s plans to expand its fast-charging network and its innovative electric truck and SUV models have garnered attention.
Keep an eye on Rivian’s stock price after the earnings report. If the company delivers positive surprises, we might see movement toward your mentioned target of $15 per share. However, stock prices are influenced by various factors, so it’s essential to stay informed.
NIO- showing signs of a potential bullish trend NIO Inc. is showing signs of a potential bullish trend in the short term, supported by both technical and fundamental factors:
Technical Perspective:
Strong Support Zone: The price is currently holding above a key support level near $4.50, previously marked as a "strong low," which indicates buyer interest in this zone.
Change of Character (CHoCH): Multiple CHoCH patterns visible on the chart suggest a potential reversal from the recent downtrend, pointing toward upward momentum.
Upside Target: The immediate resistance levels are between $5.00 and $5.50, which align with prior supply zones, presenting a potential target for bullish movement.
Fundamental Perspective:
Improving Sentiment: Recent developments in the EV industry, coupled with positive policy measures in China supporting the sector, could boost investor confidence in NIO.
Undervalued Price: Current levels suggest the stock is priced attractively, with the negative sentiment and earlier concerns appearing to be overdone, leaving room for recovery.
While the long-term trajectory depends on broader market conditions and company fundamentals, the short-term outlook points to a potential upward move toward $5.50.
NIO.Inc-ADR The formulation of ascending channel has potential?Technical analysis :
NIO - Is there potential here, as it was before, and is there something that can be collected. NIO has been part of my portfolio before quite a few times and it has had it's time to shine, but as it is now it's sitting in a very low level, with the recent gains, it might formulate a positive Ascending channel uptrend.
Fundamental Analysis :
NIO is a leading Chinese EV manufacturer, which recently a chieved record delliveries including 20,500 vehicles in Nomvember 2024. with a projected 77% YoY increase for December. With a 470.7$ Million investment and plans to launch four new models in 2025! NIO is positioned for growth based on these metrics. Analysts are projecting 52.71% upside supported by innovations like battery swapping and autonomous services.
Entry : On market open - 4.94$
Target 1: 6.04$
Target 2: 6.88$
Target 3: 7.70 NYSE:E
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Bearish Technical Outlook on NIO NIO has been bearish for a long time now. We were initially in a megaphone pattern and rising wedge, which resulted in a dump earlier this year. We tried entering back into the megaphone but failed. Now we are in a macro descending triangle and micro head and shoulders pattern.
I do not like the chart, therefore I will rate NIO as a sell on the next test of resistance. If the base of our triangle breaks, then the head and shoulder pattern would have come to fruition.
DON'T SLEEP ON TESLA ON A... WELL, NEVER SLEEP AGAIN. TSLA 420.
ALRIGHT, LET'S TRY THIS AGAIN.
Tesla has a cool trend setup, retracement setup and indicator alignment into earnings.
A REALLY STEEP DROP from earnings, past 134 and all the way down to around 96, could trigger a nice move to the upside that you won't want to miss.
I know, TSLA to 74 or 30 or 10 (it's garbage).
Well, no, I disagree. At least in the short term. After it runs up again, I could easily see it back down to some low numbers.
But right now, heading into earnings, a big move is showing that looks very similar to what I've shown.
My line, expect it to be inaccurate, instead focus on the price targets.
At 175.01 = full bull to the moon 238k miles, maybe overshoots that.
There will be retracements, but if this move is based around btc, it could be FAST.
So, probably best to never sleep again, and watch the tsla chart 24/7.
RSI technically bearish, but they all look like they are about to flip, BUT they haven't yet, so we can't assume. We have to keep the projection based on charts, which says, if 134 holds and we get over 175 with stability, then green light, probably.
If earnings crashes price to under $100 for a brief amount of time, you probably want to yolo the dip. Calls would be very cheap at that point, and if you're bullish in any way, even if it's not to my numbers bullish, then it's still probably free money.
I won't be upset should you disagree, feel free.
And I look forward to your rubbing of profits in my face, should you be correct.
Truthfully, I'd like to see everyone make a ton, no matter what your opinion is (bear/bull).
LOTS OF MOVEMENT to trade in two directions.
Things don't go up forever, things don't go down forever, and if they do, it would be an outlier to most market movements.
Good luck!!
SOME FUNDAMENTAL RESEARCH:
1. **Tesla Fundamentals**:
- Tesla, the electric vehicle (EV) company founded by Elon Musk, has seen remarkable growth in recent years. Their fundamentals include strong demand for EVs, innovative technology, and a charismatic CEO who captures public attention.
- However, Tesla's financials have been volatile due to high R&D costs, production challenges, and regulatory hurdles. Despite this, their stock price has surged, making them one of the most valuable automakers globally.
2. **Bitcoin and Dogecoin Investments**:
- Tesla made headlines when it disclosed a $1.5 billion investment in Bitcoin. This move signaled institutional interest in cryptocurrencies.
- Elon Musk's tweets and actions have influenced crypto markets. Tesla's investment in Bitcoin adds legitimacy to the asset class.
- As for Dogecoin, Tesla has not officially invested in it. However, Musk's tweets and memes have boosted Dogecoin's popularity. It's important to note that Dogecoin is highly speculative and lacks fundamental value¹.
3. **Software Subscription vs. Hardware Sales**:
- Morgan Stanley believes Tesla could make more money from software subscriptions than hardware sales. Tesla's vehicles are equipped with advanced software features (Autopilot, Full Self-Driving) that can be unlocked via subscription.
- By offering software upgrades, Tesla can generate recurring revenue. This model aligns with the trend toward software-defined vehicles².
4. **Data Collection and Auto Driving**:
- Tesla collects vast amounts of data from its vehicles, especially those equipped with Autopilot. This data helps improve autonomous driving algorithms.
- Tesla's fleet provides real-world data for training AI models, giving them a competitive edge in self-driving technology.
- Monetizing this data could be lucrative. Tesla could license it to other companies or use it for targeted advertising.
5. **Leasing Software vs. Selling Cars**:
- Leasing software (e.g., Full Self-Driving subscription) allows Tesla to generate ongoing revenue without selling additional hardware.
- Traditional automakers rely on upfront car sales, which can lead to debt if demand fluctuates.
- Tesla's approach disrupts the industry by emphasizing software and services over traditional car sales.
In summary, Tesla's fundamentals, crypto investments, software subscriptions, data collection, and unique business model contribute to its success and potential for future growth. However, risks remain, and the EV landscape is evolving rapidly. Other automakers are also adapting to these changes, but Tesla's early lead gives it a competitive advantage¹². 🚗💡📈
Source: Conversation with Bing, 4/22/2024
(1) Tesla, Dogecoin & Institutional Interest: A Data Perspective by .... coinmarketcap.com
(2) Tesla (TSLA) could make more money from software subscription than .... electrek.co
(3) Dogecoin | Tesla Support. www.tesla.com
NIO Options Ahead of EarningsIf you haven`t bought NIO before the previous breakout:
Now analyzing the options chain and the chart patterns of NIO prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $0.86.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NIO Trendline Break PossibleGood evening traders,
After NIO's rapid growth Pre-Covid, the company has failed to make a comeback. In my opinion this was due to its rapid growth and impulse move back in 2020. My rule with impulse moves is the market will tend to retrace 100% of its initial move.
Following the fall of NIO for the past several years, it has clearly been bouncing from a descending trendline and so far it has touched 4 times. I expect NIO to continue to drop, the $3.00'ish price seems to be a good price to enter with a possibility of it reach the $1.00 area. I'm expecting a breakout soon followed by a retracement back to the trendline and bounce up until is reaches the $27 dollar area. This is just the technical aspect of this analysis. Hope this helps some of you with your investments.
Don't forget to like and follow for more trading ideas & trading opportunities. Happy Trading!
NIONIO has recently completed a classic 5-wave impulse structure, signaling the end of an upward trend phase. Currently, the stock is in a corrective phase, with waves A and B likely completed and wave C in progress.
Monitoring is essential as wave C concludes; once the correction finishes, we can anticipate a potential bullish reversal and the start of a new uptrend. If NIO holds above key support levels, it could be an opportune moment for entry.
Stay tuned for updates as we approach the completion of wave C, confirming the next movement in this cycle.
Long-Term Outlook: Polestar's Potential on the 3-Day CandlesticLong-Term Outlook PSNY: Polestar's Potential on the 3-Day Candlestick Chart
Looking at the 3-day candlestick chart, we can observe some promising signs for the long term. While the price action may seem gradual, it reflects a steady build-up that could lead to significant growth in the years ahead. For those following Polestar, this chart provides a clearer picture of the broader trends and potential shifts in momentum. As always, patience is key. If the fundamentals align as expected, we could see a strong upward movement by 2026. For now, stay focused on the bigger picture and keep an eye on any key market shifts.
Singapore’s EV Market Poised for Leadership in Southeast Asia?Singapore is set to become Southeast Asia’s largest electric vehicle (EV) market, with an estimated 80% of its passenger vehicles expected to be electric by 2040, according to BloombergNEF. This significant market shift underscores Singapore’s commitment to sustainable transportation, placing it far ahead of regional peers, where the average EV market share will likely reach just 24%.
The Lion City already leads Southeast Asia in EV adoption, with EVs making up about 32.1% of new car registrations within the first seven months of 2024. In 2023, EVs comprised 19% of total vehicle sales, highlighting the growing consumer shift towards cleaner energy vehicles.
Singapore also boasts the highest density of EV charging infrastructure in the region, with one public charger for every three EVs. By comparison, Thailand has a charger for every 16 EVs, Malaysia one for every 38, and Indonesia one for every 42. This extensive charging network alleviates concerns around charging accessibility, a common challenge in EV adoption, and demonstrates Singapore’s proactive steps to support its EV market expansion.
Driving Factors: Falling Battery Prices and Policy Support
A key enabler of EV adoption is the reduction in battery prices, the most expensive EV component. BloombergNEF projects that battery prices will fall by 17% every time the cumulative number of batteries produced doubles, significantly decreasing EV costs. From 2010 to 2023, battery pack prices dropped by 90%, making EVs more affordable and competitive with petrol-powered vehicles.
Supportive government policies also bolster Singapore’s EV market growth. Policies include banning new diesel-powered cars and taxis from 2025, implementing a certificate of entitlement (COE) system to encourage vehicle turnover every ten years, and mandating that all new car and taxi registrations from 2030 must be cleaner-energy models. These strategies align with Singapore’s Green Plan, which aims for 60,000 EV charging points by 2030 and 100% clean-energy vehicles by 2040.
Comparative Growth and Regional Trends
Across Southeast Asia, the EV market has been expanding, driven in part by Chinese automakers such as BYD, Great Wall Motor, and GAC Aion, which are setting up manufacturing facilities in Thailand. Although Thailand currently leads the regional EV market in sales numbers, with over 86,000 EV units sold in 2023, Singapore is expected to lead in market share percentage. In total, Southeast Asia saw more than 153,500 passenger EV sales in 2023, including 5,734 units in Singapore.
Transport economist Professor Walter Theseira attributes Singapore’s rapid EV adoption to the COE system, contrasting it with other Southeast Asian countries where vehicles are often kept for longer. Singapore’s vehicle turnover model, coupled with policies promoting EV use, has created a supportive environment for sustained EV growth.
Future Opportunities for EuroSports Global Ltd. and Nio Inc.
As the demand for EVs continues to rise in Singapore, companies like EuroSports Global Ltd. and Nio Inc. stand to benefit. EuroSports Global, a local leader in luxury and performance vehicle distribution with its own in-house Scorpio Electric Vehicle brand, has the potential to leverage Singapore’s growing market for high-performance EVs. Meanwhile, Nio Inc., a prominent Chinese EV manufacturer, could find new opportunities to expand its presence and meet demand in Singapore, given the city-state's openness to international EV brands and its alignment with clean energy goals.
With its robust infrastructure, government support, and ambitious clean-energy targets, Singapore is well on its way to becoming Southeast Asia’s leading EV market, setting a compelling example for neighbouring countries aiming for sustainable growth.
NIO Inc Falls Hard! All Targets Hit in 15-Minute Short TradeTechnical Analysis: NIO Inc – 15-Minute Timeframe (Short Trade)
NIO Inc presented a strong short trade opportunity, with an entry at 6.76. The price has reached all profit targets, confirming the strength of the bearish trend.
Key Levels
Entry: 6.76 – The short trade was initiated at this level after a clear bearish signal.
Stop-Loss (SL): 6.83 – Positioned above resistance to guard against potential reversals.
Take Profit 1 (TP1): 6.68 – The first target was reached, confirming the initial bearish momentum.
Take Profit 2 (TP2): 6.54 – Continued downside pressure pushed the price to this level.
Take Profit 3 (TP3): 6.41 – The bearish momentum carried the price to this target.
Take Profit 4 (TP4): 6.32 – The final profit target, marking a successful and complete trade.
Trend Analysis
The price remained well below the Risological Dotted trendline, affirming the strength of the bearish trend. The steady selling pressure helped achieve all targets, indicating strong downward momentum in favor of sellers.
The short trade on NIO Inc has concluded successfully, hitting all targets, with the final target at 6.32. The clear downtrend and guidance from the Risological Dotted trendline ensured a profitable trade.