NIO: HopeNIO do some consolidation inside that bubble due to Sept markets swoons, chip shortages happened and Evergrande debacle which is the current hot topic of market can affect it in future.
Suggestion for NIO is wait for some clarifications before taking any step.
If you agree then like idea and support me.
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NIO
NIO: This pattern can save the day!Hello traders and investors! Let’s see how NIO is doing today!
We have an important reaction right now, as NIO is trying to trigger a Double Bottom chart pattern by breaking the $ 36.50 area. It seems the $ 34.510 worked as a nice support, after all, and this might bring something new to NIO.
We still have two open gaps, and by triggering this Double Bottom, the first one will be easily filled. The last one, at $ 40.59 is not going to be that easy, and NIO must do stronger bullish structures to reverse the trend for good.
However, this Double Bottom might be a good start. Now, let’s see the daily chart:
The situation is not the best, as the trend is still bearish, and aside from the signs in the 1h chart, we still see nothing meaningful in the daily chart. It is important to defeat the 21 ema, which is above the price and pointing down, before anything else.
Today’s reaction made a good candlestick pattern, yes, but it feels like it is too soon to tell if it’ll truly reverse or not. Let’s keep our eyes open, and pay attention to more signs.
The fact that it is reacting near the bottom level of a possible Triangle pattern in the weekly chart is surely interesting. Again, I think this is a good start, but let’s wait for some confirmation.
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NIO: to Boost Its Battery Swap Stations' Coverage Along HighwaysThe company also has 341 supercharging stations with 2,176 supercharging piles, 515 destination charging stations with 2,878 piles and access to more than 400,000+ third-party charging piles.
The Chinese Lunar New Year holiday is a peak travel time for the public, and NIO wants to significantly expand its battery swap stations' coverage along highways before then to make it easier for its customers to travel by car.
The electric vehicle company announced Tuesday that it will have a battery swap network covering eight major highways and four densely populated metropolitan areas by the Chinese New Year in 2022.
The next Chinese New Year will come on February 1, 2022, and no official schedule has been released, but the holiday is usually seven days.
The holiday is typically a time for people working in major cities to return to their hometowns and will also see one of the world's largest population migrations, although it has waned in size in recent years due to Covid-19 concerns.
According to NIO's plan, the company hopes to complete a battery swap network along five north-south highways and three east-west highways by then.
The five north-south highways are G1 Beijing-Harbin Expressway, G2 Beijing-Shanghai Expressway, G4 Beijing-Hong Kong-Macao Expressway, G5 Beijing-Kunming Expressway, and G15 Shenyang-Haikou Expressway.
The three east-west highways are the G30 Lianyungang-Horgos Expressway, the G50 Shanghai-Chongqing Expressway, and the G60 Shanghai-Kunming Expressway.
The four metropolitan areas the company hopes to cover are Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area, and Chengdu-Chongqing.
William Li, founder, chairman and CEO of NIO, said Tuesday that the company's number of battery swap stations covering the highway now stands at 99 and will increase to 169 by the Chinese New Year.
Notably, NIO has previously built battery swap networks covering the G2 Beijing-Shanghai Expressway and the G4 Beijing-Hong Kong-Macao Expressway.
On September 20, the company announced the completion of its battery swap network covering the G1 Beijing-Harbin Expressway, making it the third fully connected expressway battery swap network.
The G1 Beijing-Harbin Expressway is 1,229 kilometers long, and NIO has provided 10 battery swap stations along its route, one every 120 kilometers on average.
In addition, NIO announced on September 16 that with three new battery swap stations in highway service areas in operation, it has completed its network of battery swap stations in highway service areas from Beijing to all major cities in the surrounding area.
The network consists of 12 highway battery swap stations, centered on Beijing, covering the service areas in Hebei and Tianjin on seven highways: Beijing-Chengde, Beijing-Harbin, Beijing-Lhasa, Beijing-Chongli, Beijing-Shanghai, Beijing-Hong Kong-Macau, and Beijing-Qinhuangdao.
According to CnEVPost database, as of September 21, NIO had 484 battery swap stations in China.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
For the full article with the charts, please visit the original link.
Nio Analysis 22.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
$NIO - VERY BEARISH $22 first Price Target, then $9.50Lots of issues with Nio, from technical standpoint and China. Chinese stocks are notorious for Pumps and Dumps, I have been in market for over 20 years. Chinese stocks have never panned out well these 2 decades.
FYI, I bought Nio in the single digits and sold at the top around 60s and 50s and began shorting since then because the there were too many red flags. This company is a continued short. Dual HK listing also causes more stock dilution FYI.
LI Auto reduced delivery outlook for Q3LI Auto announced a reduced outlook on its vehicle delivery volumes for Q3.
The previous guidance from Li had deliveries of 25,000 to 26,000 for the third quarter, but it now expects 24,500.
My price traget is the 22.8usd support.
I expect a correction in other Chinese EV stocks too.
NIO: Seeking the $ 30? Next support and key points!Hello traders and investors! Let’s see how NIO is doing today!
First, it failed in reacting near its support levels, and it is dropping sharply. We don’t see a good bullish reversal sign around, and it is following the Chinese stocks sell-off.
One thing to keep in mind: We have two open gaps above the price, and I’m convinced that they will be filled, we just don’t know how or when. It might take years, or a few weeks. As long as we don’t see any good reaction, there’s no way this is a buy again.
In the daily chart, it seems NIO is doing a H&S chart pattern, and today it is triggering the pattern by losing the neckline. Again, since we have no reaction around, this might be a sell sign, if confirmed.
If we see a good reaction this week, this will become a phenomenal buy sign near a support level, but as long as it doesn’t react, there’s nothing else we can do. The next support is at $ 30, and it might hit there. Let’s follow NIO closely, as when the situation is dangerous, we see the best opportunities.
If you liked this analysis, remember to follow me to keep in touch with my daily updates, and support this idea if it helped you.
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NIO: Will it reverse the trend? Let's see.Hello traders and investors! Let’s see how NIO is doing today!
Since our last analysis, NIO dropped sharply, frustrating the bullish bias seen in the short-term. However, the drop was perfectly controlled, as the price just found its support again, at the black line around $ 36.68.
Now the challenge is to climb all the way back to the $ 40.59 and fill the last gap, as this will put an end to the bearish sentiment this Island Reversal is causing on NIO.
The daily chart looks just ok. We have no amazing bullish signs, but nothing is telling us that it’ll drop now. On the bright side, we had a Hammer candlestick pattern yesterday, just after it hit the support level. The problem is the 21 ema , which is holding the price today.
I see that NIO is doing well, and since it just hit the support level, it looks more bullish than bearish to me, but we must wait for more confirmation signs. The Piercing Line pattern in the 1h chart was a good start, but if we see another bullish pattern, it’ll confirm a mid-term reversal, maybe to the $ 46 again.
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Li Auto, XPeng, NIO Top Insurance RegistrationsThe NEV sales volume accounted for 17% of total new car sales in the month.
Li Auto had the highest number of insurance registrations among China's new car makers in August, with 9,394 units, according to a table released Saturday by Sina Auto based on data from the China Automotive Technology and Research Center (CATARC).
XPeng Motors came in second, with 6,945 insurance registrations in August, followed by NIO with 6,476.
Earlier this month, Li Auto released figures showing it delivered a record 9,433 Li ONEs, the company's only model, in August, up 248 percent year-over-year and up 9.8 percent from July.
XPeng said it delivered 7,214 vehicles in August, up 172 percent year-over-year but down 10 percent from July.
NIO said it delivered 5,880 vehicles in August, up 48 percent year-over-year and down about 26 percent from July.
The CATARC figures are based on insurance registrations for vehicles and are closer to true retail sales each month, as vehicles must have insurance in place and in effect before they can be licensed.
Neta Automobile ranked fourth with 6,038 insurance registrations in August. The company previously said it delivered 6,613 vehicles in August.
Leap Motor ranked fifth with 4,777 insurance registrations in August. The company previously said it delivered 4,488 vehicles in August.
WM Motor had 3,144 insurance registrations in August, the CATARC data show. It has not yet released sales figures for August.
Arcfox, the BAIC-owned EV brand, had 856 insurance registrations in August, compared with 642 for Seres, which sells cars in partnership with Huawei, 469 for HiPhi and 408 for Dongfeng Motor's premium EV brand Voyah.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
$NIO UpdatedNIO updated - closed August calls at a loss. Still riding September calls waiting for a break down or break out of the wedge .
MACD and MFI indicators indicating an upside move. May consolidate a bit longer , would enter October calls but I have enough on the table right now.
Will close position if breaks lower out of the wedge / barring any market weakness with Jackson Hole event tomorrow things can get squirrely
NIO: Hit our target again! What's next for us?Hello traders ands investors! NIO hit our target and it filled our gap at $ 40.83 . The link to my previous idea is below this post, as always. Now, what’s next for us?
First, in the 1h chart, we see a clear bull trend. NIO is doing higher highs/lows , and the 21 ema is pointing up. Today we are above the resistance at the gap , indicating that it’ll seek other resistances.
We have a minor resistance around $ 44.38, but the resistance at $ 46.36 is much more interesting to work with.
In the daily chart, NIO is already above the 21 ema, and we don’t see the $ 44.38, but the $ 46.36 is a clear mid-term resistance for NI O.
Since it is giving early signs of reversal, the chances that it’ll seek the next resistance are very good. The volume is also quite good, and NIO already did a bullish structure indicating a reversal, when it triggered the bullish pivot at $ 39.62.
It seems NIO will reverse the trend and seek higher levels in the next few days/weeks. Let’s follow it closely. And if you liked the analysis, remember to follow me to keep in touch with my daily updates.
Have a good week!
NIONio Inc (NYSE:NIO) is on the verge of a possible technical breakout. The stock closed slightly below the 50-day EMA on the daily chart. A breakout above this key EMA is a signal that there is a potential long-term trend change taking place. The strongest sign of a bullish momentum is the daily MACD indicator which has just started to increase. The RSI is also showing positive signs on the stock. On watch.
Weekly Watchlist 9/7 - 9/10Here is what stocks we are watching for this week!
NASDAQ:MRNA
Looking for a $420 breakout with targets of $425 and $430
NYSE:NIO
Nice bullflag showing here, looking for a break over $41 with targets of $42 and $43
NASDAQ:ROKU
Currently sitting a major trend resistance, we are looking for a move over $346 with targets of $348, $350 and $352
NIO Delivered 5,880 Vehicles in Aug, Up 48% from a Year AgoThe company has begun allowing customers to test drive ES8 in Norway.
NIO delivered 5,880 vehicles in August, up 48 percent year-over-year and down about 26 percent from July.
The deliveries consisted of 1,738 ES8s, 2,342 ES6s, and 1,800 EC6s.
Supply chain disruptions in Malaysia and Nanjing, China, caused by local pandemic outbreaks, significantly hampered production, NIO said.
The supplier of the A/B pillar interior trims in Nanjing, China was affected in August, the company said, adding that the supplier has now resumed production.
Orders in August grew to a new historic record, the company said.
NIO cuts its deliveries guidance for the third quarter by 500-1,500 units.
The new deliveries guidance for the third quarter is between 22,500 and 23,500 vehicles. NIO is confident about the delivery result for September, it said.
NIO said internal calculations showed the Covid-19 in August affected the company's production of about 2,000 to 3,000 units for the month.
The company hopes to try to make up for the August production lost in September by collaborating with supply chain partners and adjusting the production pace of its plants. But even so, there will still be an impact of about 1,000-2,000 units for the entire quarter.
NIO said order performance remains strong, with new orders reaching a record high in August. If supply chain problems do not deteriorate further, September deliveries can set another monthly delivery record, it said.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.