Added to $NIO New Target 53.05 for 32.39% $NIO Target 53.05 for 32.39%
Or next add level is at 27.09
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
$NIO - Bottomed outYeah well with what's going on with the market, everything Russel Micro Cap related is equally down and also disconnected from the IWM Russel 2000 price... I know WHO is doing this, but i don't understand the WHY they are doing this. Something very weird is afoot and i don't understand it myself...
Technica Analysis
There's not much to say. Look at the chart... Should be glaringly obvious what you should be doing.
Be careful with options trades. This might not be a sudden trampoline jump upwards, and the price may stick around at this level for a while before going on it's next trip.
Understanding the new situation on NIOWe have been making several analysis + execution ideas on NIO, and we have been able to avoid low-quality setups by waiting for the right moments. (to make the most of this post, check the link to related ideas to get an idea of the whole process from the beginning) Today we will retake a look at what is happening right now.
After breaking the descending trendline (inner yellow line), we wait for the corrective structure on the edge of it (white line). However, the price kept going lower without executing our setup based on breakout movements.
So, which is our perspective right now?: Our main idea is "Only trade if the price breaks the key trendline" and then wait for the price to make a formation on the Trading zone.
We will better explain this concept with a new image.
Here you can the ideal movement we will be waiting for. If that happens, we expect to find an opportunity with a Risk-Reward Ratio above 2.5 (that means that for every dollar we are risking on this setup, we are aiming to make 2.5USD)
What happens if the price does not break the white trendline?: Then the next zone we should expect to reach is the support zone at 32.00 (that would be something to pay attention to because if the price goes below that zone, we will enter on a situation where the price will have lost a key bullish zone and as a consequence more bearish pressure should be something to think about it.
Conclusion: Our main trading philosophy is to wait patiently for movements that we consider high-quality situations. In this case, we have our bullish template, and we will only trade if that happens. Otherwise, we will protect our money by avoiding confusing situations.
If you have any doubt or ideas, please share them in the comment box!
Thanks for reading!
Gold or Death, that is the question?Today NIO opened below its 200 EMA and bounce back, some people may be happy and hope it is the end of the story, but I don't think so!
I think it is a good time to learn the difference between the Golden cross and the Death cross!
A golden cross and a death cross are exact opposites. A golden cross indicates a long-term bull market going forward, while a death cross signals a long-term bear market. Both refer to the solid confirmation of a long-term trend by the occurrence of a short-term moving average crossing over a major long-term moving average. (Investopedia)
based on my calculations it is highly likely that the Death cross is going to happen in the NIO chart in April 2021.
This analysis becomes obsolete if NIO closes above 46.3 with a trading volume above 250 million. otherwise, consider any positive day as a good exit opportunity or sell..!
This will be my last post on the NIO chart.
Lucid Motors - CCIV - Double Bottom in Golden Zone?Lucid Motors - CCIV - Double Bottom at the bottom of the golden zone? Is it over or is it going to rebound for 100% play? Don't call it a comeback!
NIO Wave AnalysisNIO ended wave 2 and started wave 3 in the beginning of March with the @32 low, but now NIO has broken out of the 3rd wave. Arguable the 3rd wave is still in progress, but unless Nio bounces at the previous $32 level (resulting in a bullish double bottom), any new lows made would make this a continuation of wave 2 with no clear end in sight. Long term I am bullish on Nio but short term if we break below $32 things will get very choppy.
Only time shows the caliber of an analyst ad his analysis..!On February 18th, 2021, I publish analysis about the Market front runner industry (EV makers), seems exhausted ..!
After 5 weeks, it is time to review it 100% accuracy in 10 symbols is not speculation..! It is science and trading base on evidence..!
they are way above their value and in the coming months, you will see how far they could go down..! I will review it in the future..!
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
1,2,3 Fire...!You don't need to be a genius to make money by shorting NIO.
Since January 11th, 2021, you can short NIO safely whenever it experiences 2 consecutive positive days!
Interestingly, this method generated 5 successful short opportunities so far! and it is about to generate the 6th one!
you can wait for the 3rd-day market opening and push the short button with free mind..!
Have you ever seen anything easier than this is like a piece of a cake, isn't it?