NIO BullishIf $NIO breaks out of the descending triangle here it has a big possibility of turning Bullish.
Niolong
NIO 1D FRAMEHello there,
If NIO can close above the RED line, we can see a wave to the GREEN line in the upcoming days with a +27% gain possibility.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
NIONio is forming text book EW ABC
correction after large impulsive move I would estimate the last 5 wave are actually part of a larger wave 1 and
the ABC correction is the larger wave 2 pull back and after NIO finds a bottom
we will push up for Wave 3 of the larger wave heading for $137 or the 1.618 fib extension.
NIO - Bullish as we reach resistance at $35.50As long as the price stays above the dotted-green "trendline" (Pitchfork 0.5), we are Bullish. Consider $35.50 as the next resistance.
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Waw Nio AB=CDBullish Harmonic pattern, possibly marking the end of wave 2 and beginning of wave 3 of an elliot wave.
NIO AB=CD Bullish 4hrNIO AB=CD Bullish 4hr 1/3.25 risk-reward for TP 1. SL outside of Triangle to make sure you don't get stopped out.
NIO - Trend analysis proved correct.As you saw in my previous post, the price was in an upward trend at £37.83. I analysed that the upper declining trendline/resistance would be broken on the next approach and the price will rocket up to $45. The price did indeed smash through the upper resistance and has since made highs of $42.95 and still rising fast!
We will see $45 in the coming days as the Earnings Report comes out with great Q1 news so far for the company. Trading is active and holding LONG position.
EOY prediction $70+
NIO Long - CorrectionNIO has had a great 2 days run, without any correction. Now you can see correction took it down to $38.74 from $40.45, It did not fall below out upper trendline meaning it is being respected, the price is already rising beautifully.
I expect price to close above $40 for a second confirmation of the bull momentum.
[UPDATE] NIO Long - Bottom is in and up we goAs you can see from my post yesterday, the price is moving exactly as predicted. We have hit £40 now and next target is $45.00
Hold you LONG positions!
NIO Long - Bottom is in and up we goAs you saw in my earlier ideas, NIO has had a huge correction over last few months. After the huge drop to $32, we saw pullback. We then saw 3x more drops to $34, this is now support.
The price then dropped to $35, a higher low.
Then we saw price $36, another higher low.
As you can see the bottom is now in and major resistance levels formed at $36.50, $36, $35 and $34.
I have been averaging down all the way from £48 down to $34, bringing my average buy price to $36. I am finally in the green.
You can see the price is currently trading in an upward channel. I expect price to reach £40 in coming days and break upwards. We are getting higher highs and higher lows. Clear change in trend!
Happy trading.
Bullish Trade Plan for NIONYSE:NIO NYSE:XPEV NYSE:TM NIO has broken out of the triangle and given us bullish confirmation as I predicted. SM shows the squeeze has been released with positive movement, Golden cross of the 21 and 50 EMA shows overall movement is bullish movement. With the event till the 28th, I'm very confident we will at LEAST hit the first two PTs. First price I am expecting is 38.99 hopefully by the 23rd if it can reach it with no problem we should see 41.86 by the 27th. If all goes well we should be looking at the $41-43 by the end of the month. Looking forward to this, and hoping we all make some money!
PLTR - Gap filled! Ready to move!- $22 gap was filled today (4/19) and this stock is preparing for a gamma squeeze into earnings.
- Potential gap fill above $30+
- We are also sitting at a major support level which is a perfect entry to long!
I would look to long and get 5/21 contracts tomorrow morning. 5/21 option contracts are very well priced so I'd suggest grabbing these dates as it'll give you more time for the wolf wave to form.
NIO Setting up for a potential ER RUNNIO has been beaten down the past couple weeks. I believe it's setting up for an ER run along with other big catalyst that are going to to be releasing in the next couple weeks. Here are the list of dates for NIO catalysts.
April 19th - 21st: Shanghai Auto show (opens to press only)
April 21st - 28th: Shanghai Auto Show (opens to general public)
April 29th: Q1 2021 ER
May 1st - 7th: Delivery Numbers (expected to be 7500 from 3155 previous yoy)
May 7th: Showroom in Oslo, Norway
There's a good support at $32.00 and could be a good entry for a starter position. We have a supply zone around $28 area and a gap all the way down to $22. I would suggest grabbing some starter position on Monday, April 19th and look to average down on those levels for 3rd week of May contracts. If NIO responds good to these catalyst, we might see it testing $40 - $45 level.
NIO possible nove up?So NIO has been tanking lately.
But right now what we can see is a double bottom pattern which might lead us back to a higher price.
The first resistance area is around 44-46 above it is a long trend line which right now works as a resistance.
We could pass the red area and test it as a support then I expect a move up.
If the test goes wrong we could easily drop back to the area around 35.
As we all know... the price of all EVs depends on TSLA and with the news that just came up I expect Tesla to be bullish this week.
We will see.
Remember this just a chart idea not fundamentals and it is not including that it is a Chinese stock.
Nio important levelsGood morning people 👍
𝙒𝙤𝙪𝙡𝙙 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚 𝙩𝙤 𝙠𝙣𝙤𝙬 𝙖𝙩 𝙬𝙝𝙖𝙩 𝙥𝙤𝙞𝙣𝙩 𝙩𝙤 𝙗𝙪𝙮 $NIO (Nio Inc.) ?🤑🤑
I teach you easily with a graph , the only thing you have to memorize are the 4 areas drawn with 🟢Green / 🟡Yellow / 🔴Red /⚫Black.
🟩Best entry : 27.80 USD
🟨A good entry : 36.80 USD
🟥Risky entry : 43.20 USD
⬛Danger zone : 25 USD
PD : Black zone is dangerous if the price crossdown this level, it could go down much more. The price can drop to 14$ .
PD2 : "Risky Entry" means that it is a more dangerous entry compared to the other 2 colors. But it is a valid entry anyway.
PD3 : Leave me in the comments, what do you want to analyze next. (any crypto/stock/indices )
PD4: If you still don't have Nio in your wallet, I would advise you to buy on the green line or the red line. They are the 2 best entries at the moment.
𝙄𝙛 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚𝙙 𝙞𝙩 𝙤𝙧 𝙞𝙩 𝙝𝙖𝙨 𝙗𝙚𝙚𝙣 𝙝𝙚𝙡𝙥𝙛𝙪𝙡, 𝙮𝙤𝙪 𝙘𝙤𝙪𝙡𝙙 𝙨𝙝𝙖𝙧𝙚 𝙩𝙝𝙚 𝙥𝙤𝙨𝙩 / 𝙘𝙤𝙢𝙢𝙚𝙣𝙩 / 𝙡𝙞𝙠𝙚.
The post would have more visibility so that more people can see it.✅
Check my profile @MisterZtrading
NIO HOLD, BUY, OR SELLHad this chart done months ago and was using it to find my buys and sell zones. Please stop listening to bear posts as they are mostly there to create fud. Based on about 60 trades I have made 70% have been positive based on this chart. I also own a substantial number of shares for a longterm trade.
You would also notice that bearish charts have started popping left right and centrw so please do your own DD and trade based on your knowledge.
1. Chip shortage is affecting every tech company
2. Growth stocks are being beaten down
So plan your trades and get away from the noise. I am extremely bullish mid and long term.
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
Areas of Supports and Resistance for $NIOI am Bullish long term for this company.
The company has a lot of upside in the coming years. I like the idea of a battery as a service. Home brands in China are very highly likely to do good in almost any business.
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