NIO
NIO: Next targets + Weekly analysis.• NIO hit a very important support level last week, and it did a bullish reaction;
• The support area made by the purple trend line + $9.40 is the most important support level for NIO. If it loses both lines, the next support is at $5.70;
• This week’s reaction was quite intense, and NIO is trying to reject the bullish reaction from last week;
• If NIO reacts after earnings, it could bounce again to its 21 ema, however, if it loses the $9.40, any possible bullish structure will be rejected;
• Let’s pay attention on how it’ll react near the lines plotted on the chart above.
Remember to follow me to keep in touch with my analyses!
$BABA 2nd entry 👁🗨*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
1st Entry: $90
2nd Entry: $82.5
Take profit: $180
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Nio (NIO) | Attractive $10 vol.2Hi,
Technically speaking not the best criteria but not so bad either so I would like to share it as an idea. Combine fundamental analysis with technical, fundamental is your own thing but some technical viewpoints are:
1. The round number $10
2. Gap fill from 2020 June
3. Fibo Extension
4. Previously worked resistance level
Do your fundamentals, it should be a strong one because be ready to grab it from lower prices as well but to start building NIO positions it looks correct spot, at least technically speaking.
Good luck,
Vaido
NIO - GAPPED OUT OF ITS BACKSIDE!!!I'll start by stating, I’m a fan of NIO, and I’m not looking to shit on it at all, this is all purely TA, I haven't factored in any fundamentals (please comment with any you're aware of - sharing is caring! :) ), this is purely an outlook for long term holders, but also with a scope for my fellow day traders who might want to note the more longer time frame levels so they can factor into their intraday TA.
Being brutally honest - I don’t feel there’s a positive outlook here! NIO has some rather interesting gaps formed at certain stages of past market action, and as such I myself am keeping an eye on the gaps.
Let me explain what’s going on with my chart;
ORANGE BOXES = GAPS formed on the daily (D) timeframe:
- 7 In total – Ranging from:
- The lowest at: $2.57/61 (0.04c gap)
- The highest at: $58 (0.60c gap)
BLUE BOXES = GAPS formed on the weekly (W) timeframe:
- 3 in total – Ranging from:
- The lowest at: $9.35/$10.51 ($1.16 gap)
- The highest at: $26.35/$27.22 (0.87c gap)
- Middle at: $19.42/.82 (0.40c gap)
- $2.43 total gap’s price.
RED TREND LINES – 2 in total –
Top trend line goes from highest wick ($66 / Jan ’21), down to Jan ’23. Price touched and retraced from this trend line at end of June 2021 (W/28.06) , and then once again in November 2021.
Bottom trend line intrigues me – its just below a daily gap that was formed during the 2020 pump, which was filled January 2022 (2 years to fill). The bottom red trend line sits just above this zone, and has also proven to be strong resistance – this was tested multiple times this year
MY PREDICTION IS AS THE WHITE LINE PROCEEDS MY FRIENDS!
The best of luck to all trading/investing, and lets all be nice to one another whilst sharing idea's!
NIO LONG So here we have a buy trade being executed at $10.20 to the resistance level of $11.70 which may go higher so we will secure partial profits if it reaches our target of 11.70.
I will be watching to see how price reacts to this level if we get an impulsive down candle the trade will be closed in profit.
We may look at shorts in the 11.70 area also but this will be updated if we take a short trade.
IF STOPPED OUT- We will look to buy again around 8.40-7.00.
Any thoughts much appreciated.
NIO Dip $ Target we need to hold above our current support above the 8.95$ to confirm the reversal and breaking first the resistant at 9.33$, then go towards the 10.50$ resistant which will be a turning point for nio to confirm the reversal and enter in to bullish trend again.
however if we didn't hold above the 8$ support , we going towards the bottom for this year above the 5.60$+.
TESLA - $TSLA - Head & Shoulder - Distribution almost OVER!!!!!When great trees fall, rocks on distant hills shudder, lions hunker down in tall grasses, and even elephants lumber after safety.
Soon Tesla will move from the head & shoulder -- down to its KNEES and that is when we will execute our entry for a long hold.
Sorry Elon, your Ponzi gig is up, you can't produce because you don't have materials and the ones that exist are over priced just like your vehicles.
Your stuck boo, your in a corner, stalemate, king cannot MOVE!
I presented this head & shoulder pattern on $TSLA back in July, before the Right Shoulder was complete and now we are on to the final stages.
I see a bounce occurring before heading lower.
On Monday - US holiday - we should expect lower volume and usually that means a sell off.
This view is on a weekly timeframe. I believe Tesla will wick below the neckline as it has in the past and then squeeze up and fill the GAP to $262.47 (1st target).
If the S&P500 shows strength mid October, prior to OPEX options expiry date, Tesla may keep trekking up the the second target which is in the $290 range before breaking the neckline.
Head and shoulder criteria:
1. Buying volume is diminishing and showed most strength on the left shoulder.
2. The head is much higher then the left shoulder.
3. The neckline fits the description of a proper head and shoulder pattern.
GOOODLUCK TRADERS!
Falling Wedge XPEG1. Falling wedge on weekly timeframe. Potential breakup.
2. WT_LB and CM_Williams_Vix_Fix indicate potential oversold position.
3. Based on sample of accumulated population data such combination of variables work out in 86% of cases.
4. Potential range for starting position accumulation.
5. Compared against NIO and LI. Relatively oversold position.
Just my thoughts. Do not trade on it. Not financial advice at all.
NIO FALLING WEDGE (VERY BULLISH) LONG TERM IDEA $$$As shown on the weekly chart, NIO has been creating a falling wedge from its peak since a year ago, and I believe it is nearing maturity now, with the consistent level of support close below the resistance, indicating a significant accumulation zone before NIO breaks open. This is a long-term investment that will be extremely profitable for those who would like some good returns, however only buy once it has broken open and shown a positive price movement.