NIO
NIO: The start of a reversal?Hello traders and investors! Let’s see how NIO is doing today!
We have an important bullish structure in the 1h chart, and this could make the difference for the short/mid-term. NIO is triggering the bullish pivot point at $ 37.89 , and if we close above it, we’ll see something new, something NIO hasn't done since it started its fall from the $ 46 area.
We have 2 open gaps that are targets for us, and they might help NIO to reverse the trend.
Now, we must keep above the 21 ema, and if this pivot point works, we might see a good reversal in the daily chart:
In the daily chart, we have a bullish Harami , which doesn’t tell much, but the Harami’s high is the pivot point seen in the 1h chart, so we have at least one confirmation of a possible rally in the daily chart.
I like the fact that the volume increased after we found a bottom, and any reaction here might lead NIO to the 21 ema in the daily chart again, around the $ 41 in the short-term.
We lack other bullish signs that could confirm a reversal in the mid-term, but the signs we see today are a good start.
Let’s follow NIO closely from now on. If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good day.
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!
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