NIO
NIO Post earnings.NYSE:NIO beat its earnings and took a big dip. It didn't hit our price target exactly but our prediction was correct. Hope everyone took advantage of the dip, we are still pretty low compared to all these target prices being thrown around. We picked up more shares at the bottom. We think NIO can test the resistance again this week. What do you guys think?
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NIO BLAST TO $50 OR FREE FALL TO $25NIO got this descending triangle going on the daily...its been holding demand (support) fairly well but if the bulls cant push through this trend line and supply, we might be falling back into the 20s soon.
I personally am looking for a break of the trendline and NIO over $43 before becoming bullish again... as for now... I am shorting NIO with a PT of $26.32
My positions: Currently only holding 5/21 $40 puts but I am looking to add more once NIO looses support around $35
NIO gangCongrats to those who took the trade (':
Major resistance at 49 so try to take some profits at the targets placed.
4HR bullish TK cross
MACD reset, looking for a recross
Once 12 HR Bullish cross occurs im probably adding a significant amount of money.
Since this is a reputable company a conservative stop loss, the same one I used is fine.
If you're early in this trade consider moving ur stop loss up so you get stopped out in profit! I'd let the chart play out first.
Also for earnings, traders usually dont hold through it, its pretty much a 50/50 event.
TrendyTrades: NIO bounce off Daily-DemandUsing Supply & Demand on a higher time-frame (DAILY) I've found a simple analysis of NIO respecting Supply along with a Daily Key-Level at 42.71 and slapping back down. NIO has respected the Demand Zone at around $34 three times before and instead of heading back to that level, I believe it will catch a newly made Daily Demand level of 37.17 which will cause it to bounce up and back into Daily Supply/Daily-Key Level. -TrendyNeck
NIO short. Head and Shoulders pattern with confirming volume Working on creating viable trading set-ups. I feel as though this is a black and white head and shoulders pattern, where the neckline intersects with the .618 fib retracement line. There is clear descending volume, all the way through the pattern which is necessary to confirm it is truly a HS pattern. I placed the stop right above the ascending support line, and take those profits near the 28.00/29.00 dollar mark or just a little above the .618 fib line/neckline. If I am overlooking something please comment and let me know how I could improve this set-up. Thanks GLHF!!
NIO: How much more could it drop? Let's see...Hello traders and investors! Let’s see how NIO is doing today! The stock has been doing very technical movements lately!
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NIO defeated the Dual-Resistance level we discussed in our last analysis, as expected, and it hit its natural target at $ 42.05, which we have been aiming since the beginning of the month. If you missed my previous analysis, the link is below this post, as usual.
Now, in the 1h chart, NIO did a bearish structure: It lost the 21 ema and it did a lower high/low . On the other hand, it has two important support levels to hold the price, the first one is around the green line at $ 39.34, the second one is around the $ 37.54.
In the daily chart, we see that NIO is at a Dual-Support zone , made not only by the green line, but by the 21 ema as well. If any bullish candlestick appears in a place like this, it is a crystal clear buy sign.
I didn’t put it in the chart, because it would be too much, but if you trace a Fibonacci Retracement in the last bullish leg, the 38.2% retracement is quite close to the green line as well, making it an even stronger support level. In addition, the 61.8% retracement coincides with the red line in the 1h chart, making it a good candidate for a reversal too.
What’s more, NIO is dropping, but the volume is quite low during this bearish movement, indicating that this is still not a real sell-off . Given how we have several powerful support levels, and how the volume is looking right now, I see drops as opportunities to buy.
If you liked this analysis, remember to follow me to keep in touch with my daily studies, and please, support this idea if it helped!
Nio vs. Earnings pt. 2 @Wlcme2theclubNYSE:NIO didn't end up reaching my target range of $43.50-45 we could see a surge tomorrow, but I am not banking on it. I will be buying more shares if this drops below $40. Im imagining anywhere between $38-35.50. This could go either way, will they sell off or hold? What do you guys think?
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The Future of EV makers stock Price..!There is no need to say Tesla is the best EV maker in the world, but it doesn't mean its current market cap of 676 billion dollars (share price 704 USD) is not far above what it should be!
Lets first define Bubble:
A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.
This fast inflation is followed by a quick decrease in value or a contraction, which is sometimes referred to as a "crash" or a "bubble burst."
Bubbles are typically attributed to a change in investor behavior, although what causes this behavior change is debated.
all EV makers Stock price is lower than half of their price in comparison to 3 months ago.
Please read my EV makers analysis on February 18th, 2021 about the inevitable correction in EV makers' stock Price!
Post-EV-Bubble era!
I believe tesla makes the Gold standard for other EV makers, and all other tries to compete with Tesla, but don't forget, Toyota, Volkswagen, Daimler, General Motors, Ford, Hyundai, and Kia.
Conventional automakers upgraded themselves, and their new fully electric cars are on the roads or coming soon! This may not be worrisome for Tesla but could cause a huge negative impact on smaller EV makers specially NIO.
Sooner or later everyone will find out a company that produced 100k EVs so far can not have a 67.5 billion dollar market cap.
you may ask why??? Because Toyota motors with +10 million car/year and +300 million car production from its early start, has a 213 Billion dollar market cap..! Don't forget Toyota produced more hybrid car than any other company, and recently Lyft and Toyota Canada, in partnership with Toyota Credit Canada Inc., are teaming up in Metro Vancouver to make the Toyota Mirai — a hydrogen-powered, zero-emission vehicle (ZEV) — accessible to drivers on the Lyft platform through Toyota’s new KINTO Share program.
KINTO Share is a carsharing service that offers hybrid and fuel-efficient Toyota vehicles. Drivers who are interested in renting a vehicle while earning with Uber or an approved delivery provider can rent KINTO Share vehicles hourly or weekly.
Now, Let's compare EV makers' stock prices to Tesla. (Fisker, NIO, Xpeng, Li Aouto, CCIV)
NIO/TSLA:
FSR/TSLA:
CCIV/TSLA:
XPEV/TSLA:
LI/TSLA:
All and all, my long-term view for Tesla Stock is bearish as it was since early February 2021, but for others is even more bearish!
Moshkelgosha
NIO Rangebound under 46 - Only the strong will survive this long-term market
- Will NIO be a major player?
- Hold for a break above 46 region
- Buy the retest when price does break
- Some positive news must be the driver for this market as other EV producers seeing struggles
- With continues price hikes on commodities, we may see struggles