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NIO

$NIO is turn to stage 2 ?NYSE:NIO is nearly turn to stage 2 Technical Analysis Big picture: 1) NYSE:NIO is going on down trend for a year and 3 month ago just have low volatility and low volume 2) Make Sideway down and forming wedge shape with RSI overdrive up. Possibility highly to make U-turn 3) HSI index make pattern H&S. If complete price break upper resistant it's time of chinese stock rally 4) Now it has 2 resistant to confirm stage 2 is breaking EMA200 and Breaking base of wedge shape to confirm Technical Analysis Small picture: - NYSE:NIO break the wedge and make lower high forming picture Cup and Handle Hope NYSE:NIO get well soon Good Luck
NYSE:NIOLong
by MrPhysioGuy
NIO Wedge Breakout + 200sma BeatNIO has been benefiting from the recent rise in EV stocks with price breaking up and out of a falling wedge pattern while simultaneously crossing up through the 200sma with multiple closes above it. The last time NIO closed above the 200sma prior to this recent move higher was back in November of 2021. Looking at the moving averages(8,21,34,50,100,200) we can see that the shorter averages are rising and crossing up and above the longer averages indicating a short-term bullish trend in price. The 100ma is leveling out, the 200ma is still declining. We want to see price continue to rise going forward and for the two longest MA's to turn up to strengthen the bull case in NIO. The PPO indicator show the green PPO line rising and trending above a rising purple signal line which indicates short-term bullish momentum in price. Both lines trending above the 0 level indicates an intermediate to long-term bullish momentum in price. The TDI indicator shows the green RSI line trending above the 60 level which indicates a short-term bullish trend in price. The RSI line is also above its purple signal line and in the upper half of the Bollinger Bands indicating a bullish trend. Going forward we want to see the green RSI line continue to trend between the 40-60 levels as a sign of an intermediate to long-term bullish trend. The only negative here is the RSI line putting in a lower high compared to price which is a bearish divergence and could lead to a short-term pullback. Assuming that the stock market and EV sector specifically continue to hold it together, NIO should benefit. Buy price for me was $10.77. Stop loss for me is currently at $9.37. No upper price target for now, will continue to raise my stop-loss as price sets higher lows on an anticipated continued move higher.
NYSE:NIOLong
by PrepForProfit
LI , a Chinese EV manufacturer LONGLI has seen a 60% price rise since significantly beating the earnings estimates of the analysts. LI competes with TSLA and NIO primarily in Chinese and perhaps a little in Scandinavia. It does not import to North America. The 2H chart shows price rising consistently in a channel between the first and second standard deviation lines above the mean anchored VWAP demonstrating trend persistence and momentum. The zero-lag MACD shows a line cross at the zero horizontal line and rising as confirmation of bullish momentum. I see $40 as a reasonable target at the level of the 3rd upper standard deviation lines. With the next earnings report due August 21st, I will take a long trade of ten call options striking $38.00 expiring 8/18/23. On the last trading day, this option had a low of $1.75 and a high of $1.90 for an intraday rise of about 8%. The contracts will cost about $1900. I am expecting about a 3% average rise compounded over 30 trading days or 250% return on the trade.
NASDAQ:LILong
by AwesomeAvani
NIO - Falling Trend Channel [MID -TERM]🔹Breakout the ceiling of falling trend channel in the medium long term. 🔹Breakout resistance at 8.79 in double bottom formation. 🔹Supports at 9.3 and resistance at 13. 🔹Short-term momentum is positive with RSI above 70. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NYSE:NIOLong
by wavepoint99
Pure Play - Electric Vehicles LONG: TSLA NIO RIVNWhy EVXX? The electric vehicle (EV) market is growing. In 2022 14% of all new cars sold were electric, up from 9% in 2021 and less than 5% in 2020. There are more than 26 million electric cars worldwide as of 2022, 60% more than in 2021.1 EVs are a crucial part of the sustainable future but it’s not always clear which specific manufacturers will come out on top.Show less Objective The Defiance Pure Electric Vehicle ETF (the “Fund”) seeks to provide investment results, before fees and expenses, that track the performance of a basket of common shares, which are equally-weighted on a quarterly basis, of the five largest (by market capitalization) electric vehicle manufacturers (the “Underlying Securities”) included in the Solactive Pure US Electric Vehicle Index (the “Pure EV Index”).
ELong
by noam_chom
YINN - a leveraged bullish ETF for Chinese stocks.YINN is a 3X leveraged bullish ETF of Chinese stocks. As can be seen on this one hour chart, YINN has jumped nearly 30% since the beginning of the moth. On the chart is a moving average ratio indicator ( with settings SMA7 / SMA28 ratio ). When the ratio crosses the zero line, the shorter average is rising faster than the longer average demonstrating bullish momentum. Here I used it as an entry signal. ( the exit signal would be the ratio dropping below the zero horizontal line which has not yet occurred) For confirmation and further entry justification, the volatility indicator shows spikes above the running average volatility in order to be that there is enough volume and price action to get into a good trade in the direction of the trade. Fundamentally, the Chinese economy is open and growing. the CCP has resisted the urge to raise prime rates as compared with Western central banks. ( BABA and NIO have good current price action.) Given the guidance of the chart, YINN seems to be a good long trade I will continue to add to the trade when the chart tells me the time is right.
AMEX:YINNLong
by AwesomeAvani
21
TSLA tyring to get to blue skyTSLA on the daily chart descended from a triple top Summer '22 into a downturn which reversed after earnings in late January. Since then with the usual waves of up action and retracement it has risen into its current range also going through a cup and handle pattern from early April into late May. On the chart with the volume profile and anchored VWAP overlaid, price is at the confluence of the POC line and the mean anchored VWAP - over the past year the highest volume of trading was at about $185. RSLA is now above that bullish momentum. TSLA short-selling bears are getting destroyed right now. Their buying to sell is the genesis of a potential short squeeze. The latest trend started after an announcement of partnership with Ford regarding charging stations. I have drawn onto the chart what I see as horizontal resistance lines for targets in a trade. Aslo on the chart is a set of zero-lag EMAs to provide further context. I will take a trade of four additional call options with a strike of $185- I will close one for each horizontal target reached. I will run the last contract on a trailing stop loss of 20% while expecting an overall conservative realized take profit of over 300%. The stabilization of macroeconomic headwinds in both the US, Europe and China will allow significant tailwind to push TSLA higher. One of those tailwinds could be the imperative that a rising price places on short sellers including a vast array of put options.
NASDAQ:TSLALong
by AwesomeAvani
22
PSNY break out above the Ribbon (Setting up for Mark Up phase)PSNY has been relatively stagnate for a while.... which is good after an emotional dump into a new low. It means its accumulating. This company is undevalued compared to the other electric car companies out there. I wouldn't expect this stock to move a lot up front. However its cheap to do a leap on this til jan 24 and let it do its own thing. Out of all of the electric car stocks this one seems the healthiest financially and is actually delivering 100k of vehicles with goals to out do its self this year. The indicator is the ESVO it shows where price and volume are in sync and when price breaks out above them its a sign that its hit accumulation and preparing for a mark up phase. The push back down into the ribbon is the last step before it takes off... This should bounce off the ribbon when it comes down and continue to make for new highs until it runs out of steam. This could be days , weeks , months, or even years..... depending on what time frame its doing it in and what part of the bigger move its in. Look at ENPH when it was $50. by iCantw84it 05.02.23
NASDAQ:PSNYLong
by iCantw84it
2
NIO longs for an earnings playNIO has earnings coming up at a good time when the China ecomony is recovering from the lockdown and holding interest rates down to support economic expansion. NIO is also very busy selling their EVs in Scandinavia. On the one-hour chart, NIO has risen above the demand/ support zone and seems to be retracing the recent downtrend. The indicator shows momentum and RSI to have crossed the 50 line but money flow is lagging. Volume is picking up in the last few weeks and price has now crossed over the POC line of the volume profile as another sign of bullish buying pressure and dominance. I will trade a long trade in NIO now before the earnings expecting good price action and volatility will yield decent profit in the trade. The stop loss will be below the support zone and the first TP at $8.00 being the top of the high volume area of the profile while the 2nd TP will be $8.50 and final at $9.00.
NYSE:NIOLong
by AwesomeAvani
NIO Stock: Is a Spring Reversal Imminent?I had been shorting NIO stock due to the very apparent downtrend as portrayed by the 50 and 100 EMA. However, I noticed that the swings from high to low were getting narrower, signaling a loss in momentum. Throwing some zones on the chart, you can see a small trading range has formed. I compared the Wyckoff accumulation schematic to the NIO chart. The schematic calls for hard selling followed by strong buying and consolidation. In NIO, there was hard selling in March and May, with strong volume. This indicates that there were large interests selling their shares during this time. However, in November 2022, we saw a selling climax with strong volume. This was followed by a bounce in price called the automatic reaction (AR). This bounce is likely due to institutional investors buying up the supply. The secondary test, which occurred on expectedly lower volume, further supports this theory. The millionaire-making question is whether we have seen an ST in phase B. If we have not, it is likely that the trend will continue lower to the sub-$5 range. However, if we have seen an ST, it is likely that we are seeing a spring. A spring is a shakeout before institutional investors decide to take the stock higher. I think it is important to note the increase in volume during the month of May when the spring started. High volume during a spring suggests that big money is scooping shares for cheap. I believe that this is the perfect time for institutional investors to swoop in and use earnings as an excuse to push the stock higher. What are your thoughts?
NYSE:NIOLong
by Decam9
TSLA Cup & Handle Bullish ContinuationTSLA as shown on the 60 minute chart has been in a cup and handle since the last earnings report. Trading volumes increased then and the print is a gradual downtrend reversed to a gradual uptrend then the handle formation and finally the breakout above the lip of the cup. TSLA and Ford this week announced collaboration on a charging network primarily with Ford customers getting use on existing TSLA stations and both companies expanding the network. Perhaps this mutually benefits both companies. China holding interest rates and perhaps lowering them more easily allows financing of new Telsas in TSLA's biggest market. Based on the technicals about the cup and handle and the height of the cup. the pattern which has good reliability predicts bullish continuation of $40 upside. In consideration of this I will take a trade of an additional 2 contracts ( strike $180 Exp mid November).
NASDAQ:TSLA
by AwesomeAvani
BABA @ Long Term SupportOn the 4H Chart, BABA is sitting in the the demand zone at a double bottom retest. Earnings two weeks ago beat expectations. Fundamentally, China is holding interest rates down and may even decrease their prime rate. Domestically, chaos continues with more rate increases possible and the debt ceiling issue impending resolution versus diseaster. I see trading and investing in foreign based intruments such as BABA , NIO along with ETFs diversified into China, Europe, Korea Japan and maybe others to be a useful means to diversify risk. I will take a long trade in BABA because I believe it will rise from its usual bottom.
NYSE:BABALong
by AwesomeAvani