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NIO

NIO - soon should revisit $20 areaNIO - very popular among retail investors and stock market enthusiasts Chinese company is a centre point of attention since it dropped over 50% for the past few weeks. Good news for all traders who bought for $60 and become long term holders! NIO will soon drop to $20 and then "To The MOON" So hold your horses, sell your kidneys and set Buy Limit orders :D It's not financial advice!!! I'm waiting impatiently for my chance to join the party of long term investors at a price of 21USD. I Hope news about Apple bringing Apple Car to the party will not cause the drop back to $10
NYSE:NIOShort
by RafalZuchowicz
28
NIO remains in STRONG channel Investopia teaches the following about channels: Channels provide the ability to determine the likelihood of success with a trade. This is done through something known as confirmations. Confirmations represent the number of times the price has rebounded from the top or bottom of the channel. These are the important confirmation levels to remember: 1-2: Weak channel (not tradeable) 3-4: Adequate channel (tradeable) 5-6: Strong channel (reliable) 6+: Very strong channel (more reliable) NIO has touched the same channel 8 times, making it a very strong channel to trade in. This also means, the stronger the channel, the stronger and more violent the breakout will eventually be. Where do you guys think NIO will go?
NYSE:NIOShort
by Lilbuddadude
1
NIO: Trying to break a Triple-Resistance Zone!Hello traders and investors! Let’s do our weekly analysis on NIO now! First, NIO did a downwards breakout from the Trap Zone , which we mentioned in our last study, and as usually happens after a bearish breakout, it engaged in a short-term bear trend in the 1h chart. Reinforcing the idea of a bearish bias here, NIO is clearly inside a Descending Channel (purple trendlines), but on the bright side, it seems NIO wants to defeat it, and it is trying to do an upwards breakout. This is good, and this could be the trigger for a reversal in the daily chart as well: The Descending Channel in the 1h chart becomes a Flag-like pattern in the daily chart. I also like the way the most recent bullish candlesticks have a good volume , while when NIO drops, the volume is low. This shows to me that NIO could be in the process of an accumulation. Now NIO has a very strong resistance zone to defeat, a true Triple Resistance Zone , made by the upper trendline, the 21 ema, and the pivot point at $ 46.28. If NIO manages to defeat these points, it has a target at $ 50.40, but honestly, I will aim for the $ 66.95. But we must see some confirmation first, before jumping into any conclusion! If you liked this analysis, remember to follow me to keep in touch with my daily studies, and weekly updates on NIO! And if this idea helped you, r emember to support it! Thank you very much!
NYSE:NIO
by Nathan_The_Finance_Hydra
10
We are ready to set pending orders on NIO We are ready to set pending orders on NIO We have been making multiple analyses on NIO with the idea of taking long setups if the situation developed as we expected. Now the filters we created are 100% finished, and we will develop bullish setups towards the next resistance zone (Check the link to related ideas to see how this process went from 0 to the current setup we will take) -The price has bounced from a key level (Support zone + ascending trendline) -Now, we will set BUY STOP LIMIT (GTC) orders on the breakout of the current flag pattern (that means that we give a range of execution, in this case, is 45.46 -45.88) -Our Stop loss is below the Flag pattern; if we are wrong about this trade, we want to cut our losing position there. (in that case, we will lose 1% of our trading capital, Risk management is a key concept that difference profitable traders from unprofitable ones) -Break-Even: This is the level at which you want to protect your gains once the price goes in your favor; in this case, if the price reaches 50.27, we will move our stop loss to the entry-level -Take Profit: We will close our setup on the next resistance zone at 54.43 (Why there? because we can see selling pressure on that area, and we will be more than happy with a 1.75% of profit in our accounts) Duration of the setup: If the setup is activated, we expect a 10 to 15 days duration Where to cancel the setup: If the setup is not activated and the price reaches the stop loss zone, we will cancel the setup Finally, we will close this Idea with a great quote from the book "Trade like a stock market wizard - Mark Minervini" Can you believe that an investor of Mark’s stature is right only 50 percent of the time and has still made a fortune! That is due to his use of risk management.
NYSE:NIOLong
by ThinkingAntsOk
2