Nio Analysis 21.08.2021Hello 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
This is called WSB effect..!The goal of this article is to explain the Wallstreet Bets methods.
I believe all the market participants should be aware of their effects on the market and how they could derail any asset from a normal movement.
Let's look at some of their manipulations first:
1- NASDAQ:MVST
2- NASDAQ:WISH
3- NYSE:SPCE
4- NYSE:NIO
5- NASDAQ:FORD
6- NASDAQ:AMD
7- NASDAQ:MRNA
8- NASDAQ:NVDA
9- NASDAQ:TSLA
10- NASDAQ:AAPL
11- NYSE:PFE
At this point, you must be able to see the similarities between charts and also group them into 2 different categories!
Cluster 1: Small caps
Cluster 2: Big caps
In cluster 1: they usually target 100% or above
In cluster 2: The bigger the market cap of that company the smaller the wave they could push.
The big question is Are they predictable?
I believe their movement especially on the Topside could be predicted with acceptable accuracy if you know how to monitor their money injection.
Let's review some of my published analysis about their plays:
August 17, 2021, one day before manipulation ends:
NYSE:PFE
August 10th, 2021, right at the last day!
NASDAQ:MRNA
August 4th, right at the last day..!
AMD
Defining the hypothesis:
1-The Wall Street Bets phenomenon could be a very smart Algorithmic Trading Platform that creates bullish and bearish rallies by smart money injection or withdrawal, and it is not a group of "Apes".
2- Their target prices could be predictable using Option trades data
3- Their pattern of behavior is not Pump and Dump, but it is "Dump-Pump-Dump"
4- Most of their plays were in the ARK Invest's ETFs weeks or months ago.
I do not want to make this post very long, so I encourage my followers to read this article and looking at the charts carefully.
I will share my findings of WSB in future posts.
Moshkelgosha
$NIO Analysis & Key levels$NIO Analysis & Key levels
I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key levels…
Red = Key levels
Green = resistance
Blue = trendlines
If you’re holding ONLY add at key levels. It is never wise to catch a falling knife without a plan.
Shit… well I have NIO calls expiring tomorrow and my own TA says that’s not gonna happen (It might, just not likely)… so… it’s ok… only bad call this week
Have fun, y’all!!
NIO: What it needs to fly again?Hello traders and investors! Let’s take a look at NIO today!
Since it reported earnings, NIO has been in a bearish momentum, and it seems nothing will reverse it. The last support was at $ 38.66, and NIO lost it, but what does this means?
We are still far from May’s bottom at $ 30, and since it dropped that sharply, it has good chances of bouncing back up, but so far, we have no bullish structure in the 1h chart.
On the bright side, we are near the support level, and it seems NIO didn’t lost it completely, as we see early signs of reaction. Let’s see the daily chart for more clues:
We have a bullish candlestick pattern today, which is a start for a possible reversal, and since we are near the previous support level, now is the best time for NIO react. If we close above the $ 38.66 again, it will be a false breakout from the support level, and this will be very frustrating for the bears, as they will be stopped out.
Since we hit the support, the volume increased, and if we see a reaction, the 21 ema will be the target for us. Then we’ll see if it’ll be a Dead Cat Bounce or the beginning of a true reversal.
But I agree that today’s reaction is not the best so far, and we must wait for more information. The situation is very delicate, and how NIO will react in this support will dictate the next big movement.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good day.
NIO heading towards major Support levelMajor support level acting as an LLT
look for extension on trade (yellow arrow)
one resistance zone that could slow done flow however i am not expecting it to have a huge impact of the overall trade
entry: 33.5 (bit deep in the zone but will take my chance of limit order being hit, will manage it though)
Stop: 30.25
TP: 41.7
ADDED to $NIO New Target 54.80 for 31.6%$NIO Target 54.80 for 31.6%
Or next add at 32.78
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Finall Pullback on $NIOLooking back at the history of NIO and pullback patterns, after every 3 pullbacks we get a good run up or dip down. With the several recent positive catalysts I think we are due for a run up after a possible pullback to $38. Feel free to share your thoughts. It also resembles an inverse head & shoulders which gives me hope. Regardless, my position in NIO will remain as an investor and I will not sell my shares.
$NIO Target 54.80 for 31.6%$NIO Target 54.80 for 31.6%
Or next add at 38.66
No add here… just looking where to buy next…
Target is the same...
But NIO, feel free to do something fun soon.....
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$NIO prepping for a moveNIO just reported great earnings - EPS beat , REV beat, REV growth beat, and Deliveries beat , vs. Analyst estimates.
Q3 outlook also looks good.
Technically looking at the weekly chart, NIO appears to be respecting the 50MA as support and decreasing volume implies a larger move imminent to push out of the "wedge" or flag formation. Given the fundamentals I'm long the 8/20 45c and 9/17 50c here. Assuming this is the Wyckoff Phase D : Back up and last point of support, I am expecting Phase E and a breakout next week.
Break of $41 invalidates idea and could suggest a move to $34
NIO: Post-earnings analysis!Hello traders and investors! Let’s see how NIO is doing today, after earnings! Even in moments like this, with high volatility, Technical Analysis still makes sense.
First, in the 1h chart, NIO dropped sharply only to retest the previous support at $ 41.59 and now it is bouncing back up. This is a good sign, and if we manage to close above the $ 43.43 area, the previous support level, it’ll be perfect.
However, the bias is slightly bearish in the 1h chart , as we have lower highs/lows, and the 21 ema is pointing down, and it is working as a resistance too. It won’t be an easy task for NIO to reverse this sentiment, but it is definitely possible.
The daily chart offers us more clues:
Since the beginning of the month, NIO has been trading sideways, dancing around the 21 ema. Now we are just at the 50% Fibonacci’s Retracement , and if NIO is about to react, now is the best time to do so.
The volume is quite low by the time I’m writing this analysis, and even considering the trading day is not over yet, I still think the volume is too low.
So far, we have no confirmation of a meaningful reaction, but maybe we’ll see something good around these support levels soon.
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!
Thank you very much!
NIO's Strong Q2 2021 Results: Revenue Up 127%, Net Loss HalvesThe electric vehicle maker generated CNY 8.45 billion this quarter, getting closer to break even.
On August 11, 2021, Chinese electric vehicle (EV) maker NIO (NIO:NYSE) released its financial report for the second quarter of 2021, with most key figures improving year on year:
The total revenue hit CNY 8.45 billion, up by 127.2% from Q2 2020 and by 5.8% quarter on quarter.
CNY 7.91 was made from car sales: NIO beat analysts' estimates, completing 21,896 vehicle deliveries in the second quarter.
Net loss reached CNY 587.2 million, shrinking by 50.1% from Q2 2020 but increasing by 30.2% from Q1 2021.
R&D cost grew by 62.1% year on year, reaching CNY 880 million; it now equals 10.4% of the firm's total revenue.
While world-leading EV maker Tesla (TSLA:NASDAQ) is facing demand-side issues in the Chinese market, its local competitors are jumping in to fill the void. Through supply chain optimization and effective marketing messaging, NIO is solidifying its position as the domestic champion in the EV market's premium segment.
For the full article with the charts, please visit the original link.
gbpnzd - potential longmy own prediction - (this upcoming week)
gbp - bullish
nzd - bearish
as long as h4 wick engulfs and closes above the ascending downwards trendline price should continue going up towards 2.0 even 2.02
looking at the chart you can see GBP break out of its downtrend multiple times and based on its current setup it may be looking to break out once again.
best of luck trading this week everyone!
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trade at your own risk - not financial advice