NIO BUY/LONG INCOMING 26 to 90 by end 2021TICKER CODE: NIO
Company Name: NIO Inc.
Industry: Consumer Cyclical | Auto Manufacturers | China
Position Proposed: BUY
Technical Analysis
1. Large Pennant / Falling Wedge (Forming)
2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 (Silver Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Next Entry: 26.00 (Market could fall and squeeze to 15.00 which would be a key structure level)
1st Partial Take Profit: 90.00 (August-December 2021)
2nd Take Profit: 128.00 (Mid-End 2022)
Niobuy
NIO triggered a probable upward move
NIO is about to violate the major broken support around $34.25 after the rebound from the lower boundary of the downward channel on the 1hr time frame.
NIO could target $36.80 and $39.00 consecutively on the short term; with a bullish signals triggered on both the RSI and the momentum indicators.
From a fundamental perspective, Nio's financial condition is improving after debt and liquidity fears slammed shares. Nio's international expansion promises more runway for growth.
June 30th, 2021, NIO - EV maker will hit $30 as support. June 30th, 2021, NIO - EV maker will hit $30 as support. Will climb back up above $40 after that. Just a thought
Will accumulate around $30, just my 2 cents. Let's see how it goes with result report after performance.
Not financial advice, your trades can go $0.00. Do your own research!
NIO StockHello everyone
According to my analysis on NIO stock, there is a pattern that we all can see. 3 top peaks from 11Jan.-9Feb., 11Mar.-26Apr. That may tell as that NIO has a potential to follow a downtrend for a while. I believe that NIO eventually go to lower states in the near future(next week may follow this downtrend as you can see in chart). But 3 peaks will shine again after this downtrend.
My prediction on this stock is positive for long-term holding, and buying on dip always have postive action on your wallet.
Nio Stonk (Request)i am not a Pro about Stonks but it works same as Cryptos, just slower and less agressive, Stocks can also be very perturbed by economy announces and crises.
if this retracement not happening (but i doubt it won't retrace), wait for Nio pass 70$ to go in and sell before 100$.
Buy Zones :
- 32$ ( a bit )
- 25$ ( all in )
Tp : 98$
Happy Tr4Ding !
Inverted Hammer NIO Trade on D timeframeENTRY: ~ 42
EXIT: ~ 55
STOP LOSS: 38
-We had an inverted hammer pattern in NIO and it was confirmed today as it didn't break the pattern yet.
- Looks like a good setup right now, as it is trading around the ~ 42 previous support level.
-We also have high volume which confirms the pattern + support level
$NIO optimal entry (republishing)Republishing after removing link
Hello fellow traders. The past couple of weeks have been very volatile but I don't think we are heading to a bear market. That said, a lot of growths stocks were beaten down pretty hard already. EV stocks are taking a hard hit but if we look at the broader picture I think this is a good opportunity to start a position or add to if you are already in. One of such cases is NIO .
BEARISH SHORT TERM OUTLOOK
Nio's price fell pretty hard (about 11%) after yesterday's earnings and broke below the 100ema for the third time in the timespan of 6 days. During trading hours we came very close to the 0 fib level, which served as support on last week's selloff. Additionally, the 14ema crossed the 21ema bearish , which hasn't happened since the March 2020 crash. It is currently crossing the 50ema.
WHY THIS MAY BE A GOOD ENTRY
In addition to last week, that fib level has been tested as support multiple times the past few months so we can use it as a pretty reliable anchor point to start a trade. The RSI is close to oversold and is showing hidden bullish divergence with price. If you are a long term investor, you may look at current price as a 35% "discount" from ATH . I know it is counter intuitive to buy something that is losing value but if you could buy a pair of shoes with 35% I bet you would be happy. The only caveat with stocks is that you need to be confident the company has a bright future, which is the case of NIO in my opinion. The average price target is $68.26 and investors are very positive on Nio's 2021 Q1 results (despite worse than estimated 2020 Q4 earnings ).
HOW TO TRADE
Long term investors: just keep dollar cost averaging. I like to buy more on dips and pullbacks than rallies but that is my personal preference. You can keep buying the same amount as before.
Traders: you can enter now and place a stop loss below the 0 fib level on the daily. If your stop is triggered you can always buy back in if the price bounces back above that fib level. (This is also true for long term investors who want to be more conservative).
Safe trades and good luck!
===If you get anything out of this TA, please hit the like button and/or follow for updates and new publications.===
***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
$NIO optimal entryHello fellow traders. The past couple of weeks have been very volatile but I don't think we are heading to a bear market. That said, a lot of growths stocks were beaten down pretty hard already. EV stocks are taking a hard hit but if we look at the broader picture I think this is a good opportunity to start a position or add to if you are already in. One of such cases is NIO.
BEARISH SHORT TERM OUTLOOK
Nio's price fell pretty hard (about 11%) after yesterday's earnings and broke below the 100ema for the third time in the timespan of 6 days. During trading hours we came very close to the 0 fib level, which served as support on last week's selloff. Additionally, the 14ema crossed the 21ema bearish, which hasn't happened since the March 2020 crash. It is currently crossing the 50ema.
WHY THIS MAY BE A GOOD ENTRY
In addition to last week, that fib level has been tested as support multiple times the past few months so we can use it as a pretty reliable anchor point to start a trade. The RSI is close to oversold and is showing hidden bullish divergence with price. If you are a long term investor, you may look at current price as a 35% "discount" from ATH. I know it is counter intuitive to buy something that is losing value but if you could buy a pair of shoes with 35% I bet you would be happy. The only caveat with stocks is that you need to be confident the company has a bright future, which is the case of NIO in my opinion. The average price target is $68.26 (www.tipranks.com) and investors are very positive on Nio's 2021 Q1 results (despite worse than estimated 2020 Q4 earnings).
HOW TO TRADE
Long term investors: just keep dollar cost averaging. I like to buy more on dips and pullbacks than rallies but that is my personal preference. You can keep buying the same amount as before.
Traders: you can enter now and place a stop loss below the 0 fib level on the daily. If your stop is triggered you can always buy back in if the price bounces back above that fib level. (This is also true for long term investors who want to be more conservative).
Safe trades and good luck!
===If you get anything out of this TA, please hit the like button and/or follow for updates and new publications.===
***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
NIO Ideas for buy or hold Nio has been coming down for quite a while. If you are a long term believer of NIO like I am, be calm, cool and collected. Nio is deep in the race of EV so keep your eyes on the end goals. Earning might change all of bad result we have seen.
Don't let your emotion determine your actions.
Keep a clear mind before you reacts to situation.
NIO potential breakout with multiple confirmationsNIO is currently in a volatility squeeze and has broken the significant level within the trend pattern that has led to a large break out multiple times (Within the current trend)
One precaution to consider is that the uptrend is getting a little long in the tooth when looking at it from a Fib Time Zone extension perspective
NIO should close the GAP - entry levels LONGNIO is going higher and higher. This company has significant potential. But the stock seems to be a little bit overbought. It is not a healthy UPTREND. NIO should close the GAP and go back to $58. It could be a good opportunity for buyers.
ENTRY LEVELS LONG:
$58.80
$55.34
$50.11
NIO = Santas Gift to AllMany get worried when seeing a hype stock like this correct and move sideways as it is now... I on the other hand love times like this. Nio is preparing for a decision, and its direction will quickly be determined with the upcoming price movement as we move toward New Years'.
As we come to a decision point for Nio, we look at a few levels. I'll be watching the $38 level as support and a neckline for a possible head and shoulders pattern. Moving forward, I do believe NIO will hold strong and make its continuation, along with many others in the EV bubble (TSLA, PLUG, FCELL, etc). I think now is a great time to load up on long-term shares and potentially a small position on calls expiring in February or later.
Happy Trading!
DCJ | Happy Holidays