Niolong
NIO LONGS 📈📈📈Expect LONG on NIO on long-term perspective, from a HTF point of view price is squeezing right now into a bullish triangle that should be broken to the upside way above 40.00 level. For a better long opportunity wait for the price to consolidate above psychological area 40.000 bullish confirmations and go LONG.
What do you think ? Comment below..
NIO Elliot wave detail analysis Nio is currently showing a pendant flag with a break out possibility. The correction impulse had ended on October before the Q3 2021 report and are currently building momentum for a 5 step impulse wave.
Drawing a visible range from the drawback from ATH , the price is currently extremely close to the strongest support for the year.
The ema 20,50,200 further confirm the price is currently at a very right range, showing a promising buying point , they are ready to pull away from each other.
The potential upside gain is more than 50%
$Nio - investment idea 💡 #NIO has been trading for a while in the demand zone, giving great opportunity for low risk entry. And great target potential. Regardless the fundamental analysis, this is just technical analysis.
From this price I will start buy small positions and buy more with bullish price actions.
❌ - Moving Averages still bearish, price distance to fast ma 0.50% and to slow -17.53%
✅ - The scenario is duble bottom, and bearish butterfly 🦋 pattern.
✅ - MACD
✅ - STOCHASTIC
✅ - Momentum
✅ - RSI Neutral
❌ - Ichimoku very bearish
⏰ - Breakout around: $37
🚦 - Next entries in case if dropped:
- $30
- $23.30
- 18.70
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
NIO longNIO is a Chinese car manufacturer, specialising in the design and development of electric vehicles.
Position: long
Entry price: 32.10
Target price: 54.71
Stop loss: 28.5
The RSI indicator is very close to the oversold level. The William Indicator suggests that the market is in the downtrend, but it's a weak signal.
(In the event that the price of NIO doesn't break the support line (red line), the market may go into a phase of uptrend.
No financial advice
NIO INC Daily TimeframeSNIPER STRATEGY
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NIONio Inc (NYSE:NIO) is on the verge of a possible technical breakout. The stock closed slightly below the 50-day EMA on the daily chart. A breakout above this key EMA is a signal that there is a potential long-term trend change taking place. The strongest sign of a bullish momentum is the daily MACD indicator which has just started to increase. The RSI is also showing positive signs on the stock. On watch.
NIO bull-run will continueNIO on the weekly already fired off a squeeze, but in order to see if that squeeze will continue, we need to look at it from the daily time frame. On the daily time we can see that a squeeze and a crossover via the oscillator is about to occur. I think this is a great time to enter if you are later than others regarding NIO.
Bullish Signals
-Squeeze
-Crossover via oscillator
Price Targets
-1st 50
-2nd 55
NIO - Long for a short whileWe are hitting a solid support and can see NIO bouncing till $53.8. Sellers are exhausted and that might mean buyers taking control. Keep an eye on the volume though as the movement to $53.8 might not be a confident/ sustainable one. Avg. volume has been low.
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-- For educational purposes only. Do your own research before making investment decisions.