Niolong
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
NIO LongNio got beat down with the china news like many other tickers. I think it started forming a base and was holding it friday.
DO NOT enter NIO if money isn't flowing into the EV sector. Follow big money.
Entry: 40.57, 40.51 (golden box)
SL: under 40.09 (.5 fib)
Short term PTs: 47.84, 53.65
Long term: ATH, 59.17-61.86
If u need confirmation wait for a break of the dark green 1/3 trendline and get in on the retest as support
Nio 2020, a stong finish is coming.Glad you guys loved the previous Nio predictions, here's 1 more into the end of the year. Bears have had a feast these past couple weeks, but a couple indicators are telling me this one is due for reversal, and this chart is how I see it happening.
Previous predictions projected using measured moves, so during the last Nio sell of and dip from highs we do the same.
We use candles to show us that $38 is a very likely bottom, not only was it a steal, it was a phycological buy for bulls as it could be the last time we see $30s again, IMO.
A new "base" or "bottom" would be the $40.50 area, which is where we'll be measuring from
Using a date measure to see how long the move could possibly take(previous run with minimal resistance used), we see an 11 bar or 15 day move.
Using a dollar amount measured move from the base, we can expect a move around $16.17. This target puts us at $58 by December 22nd.
Using a percentage move of the same run, we get a 57.37% move. Measured from the base it gives the target of $65-$68 by December 22nd.
Adding my own opinion on these targets, end of year is more feasible but definitely attainable.
Good luck all happy trading!!
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There is FOMO and then there is NIO ! After a crazy November for EV market and random EV stocks shooting up left and right, we need to say bye to the FOMO on EV and get back to reality.
So here I compare NIO, Xpeng, Li auto -just tried to focus on the main 3 Chinese EV stocks.
As we can see NIO has corrected to the 50 FIB line which is very good for us, the NIO investors, because this is the only way the stock can do its next move up – the stock was to parabolic to keep going up and this correction stables NIO on the 42$ line which means from here we have a safe ground to go to the next level (notice the 42 line in the image below and you will see it’s the POC of the volume acting as support).
I didn’t do the wave analysis lines on this chart to try and keep it clean and not too messy but if I did add it you would see we are in the end of the impulse wave and we may experience some convergence.
BUT the fundamentals on NIO are positive, the company keeps growing and delivering more cars, and backed up by government funding and the blue-sky act in China, as I always mention because this is NIO’s strongest card.
Xpeng is showing tremendous growth and deliveries of cars keep increasing, I am long on Xpeng just like I am long on NIO and the EV FOMO is over but NIO and Xpeng are here to stay in my opinion.
So the bad news is Mr. Andrew Left from Citron research – the notorious short seller has put a target on NIO as his next short but I really don’t think it will stop the stock from climbing but it sure will slow it down and make it retrace for a while.
If you don’t share the vision about NIO please check out their battery subscription program, that is pure genius and will bring a big revenue stream to the company along the years – I will not go into too much details here, just mention if you own a NIO car and you have the subscription you can stop and get your battery replaced to a new fully charged battery in less then 10 minutes and then be on your way, these stations will be spread all across China and will be fairly accessible.
So to sum up : the technicals are showing us a strong support from the volume side on the 42 line and the next move will be to the 47 line where stock will rest for a few days and then jump above the 50$ as consumers will come back to NIO after the “shorting” period has ended.
I’ve been long on NIO since it was 7.6$ and it paid off – this stock will cross 100$ by Q2 of 2021 that is my opinion , lets hope you will stay to enjoy the ride 😊
Trade safe.
1H time frame :
$NIO BUY THE DIP!Alright a lot of you probably interested in this one, NIO been pulling back much less than it's peers and for good reason. They practically own the infrastructure space in China for EV at the moment with their services and battery swap stations. Any weakness in this name be a good reason to add shares for longer term. I been selling weekly puts for over a month now on this name trying to acquire shares without luck, but getting paid to wait is not a bad idea. This be the time to start going in. I sold more puts for $40 and $36 today. If it pulls back to the $30 area, I'm going to back up the truck on this one. Support areas around $41, $38 and $33, should not go lower than that, if it does, load up on those leap options.
$NIO- NIO INC1Month View
Auto Fibs
Moving Average MA 200
MacD
As you see, my circle is where I bought some shares and turned my head and it dropped. Wasn't really expecting that but Im thinking for the positive.
Lets Go NIO!
Could we probably see upside with NIO?
What's your thoughts and how high?
NYSE:NIO
NIO possible pullback?NIO currently in its second upward channel; EV been booming so hard, its bound for a pullback soon enough especially the chinese EV stocks (nio, xpev, li etc.). I could possibly see NIO breaking below this channel its in with three possible supports around 49.4, 45 and 40 (even though its still madly overvalued here, there was a lot of buying pressure at 40 so i dont think itll go below that if anything), but hey let me know what u think cause for all i know with how crazy EV has been it could very well just keep going lol
EV stocks hype -BUT not enough focus on the Charging side!
So we are looking at an overdue EV full force entry in the market - seems like every day we have a new reverse merger with a SPAC company to IPO another EV maker we never heard of ....but the main focus is missed by many investors - Charging stations and Battery makers.
Here we will discuss the two companies currently in the lead of the EV charging race.
First we have Charge Point -established in 2007 and currently owns 73% of market share of EV charging ! that’s big ! imagine Gas stations 70 years ago, estimations are we are looking at a 25 Billion $ market size by 2025.
Their CEO of Charge Point expects over 190 Billion by 2030, and to stay the biggest player in the EV charging game.
Charge Point currently has over 80 million charging systems and hundreds of thousands of users, and a very user friendly in house app that helps the user locate the nearest charging station near him.
The acquisition of SBE on Charge point will be finalized in the next few weeks, SBE stock already made a tremendous jump the last 2 weeks, nearly DOUBLING the value.
Lets look at the Technical:
Stock broke resistance level on the 9th of sept and in less than 2 weeks nearly doubled its value from -15$ to28.6- major rally up.
Both RSI and Stoch are showing us overbought along with a huge rise in market cap but if investors have 2% of common sense i would expect a stock that holds 3/4 of the EV charging market in the US to keep rallying and pass most EV makers by a mile.
The second stock on the chart and the one that gets most of the attention is Blink Charging.
Founded in 1998 and reported revenue growth of 84% to $3.8 Million in the last 9 month, and sold about 700 charging units its seems Blink is on FIRE!
After browsing in their products catalog I was officially impressed, their products are well branded easy to use and very intelligent – they even sell a mobile emergency charger that can be stored in your trunk!
The other good news is Apple announced they will add Blink chargers on apple maps and allow the driver to easily locate a suitable charging system to his vehicle nearby.
One thing we should remember about blink is the big drop the stock experienced in august, following the analyst Culper’s Research which claimed company had less than 2.5k chargers and not 15k as they initially claimed.
With much less market cap the Charge point buy more years in the game and better known brand it seems as Blink will definitely fight charge point for the massive market share that is expected to be 14% of the total market value in the USA.
Blink Technical overview:
So very similar to SBE the jump Blink did is purely massive! RSI and Stoch are over bought - RSI candles through the whole rise showing us there is a lot of volume and drive behind this rise -but I am stating the obvious.
Blink stock couldn’t break through the 11$ line till the 16th of Nov and from there gave a +230% rise - expect a correction but I wouldn’t expect it now, as the EV market is still rallying massively. if analyzing the impulse wave the stock is experiencing at the moment, I would say this stock will rally all the way to 30$ mark and from there will give a 2-3$ correction before going further
one thing is sure -the EV charging market is huge and must be seen as one of the biggest opportunities we as investors are experiencing and shouldn’t be missed !
if you would like me to cover another EV charging stock please send in comments
Trade safe and invest smart!
SOLO - a 3 wheels fully electric and coming for NIO! So electrameccanica company has been here for a longggg time but not many people knew about it till today -what’s the story with the EV brand new MR bean compact looking car?
at 18.5k for a brand new full electric car with a 80 MPH per hour speed and battery of 17.3 kWh and most importantly so small you can park it anywhere.
remember the price is a key to reach consumers here and that is a part of the NIO craze !
so yeah it does kind of look funny but its very practical for urban city life and the company behind it actually knows very well what they are doing - this is why i believe SOLO is going to rock the EV market and push aside some older known brands.
the company has been around since 1959 in Italy by the founder Frank Reisner - a great car engineer but not a great business man in my eyes, he has made over 10 different car models and won several awards but never really got the company to the next level.
in 2016 the company built SOLO model as electric formula one race car and entered the NASDAQ at 2018.
Today the car is still unknown on most parts -never saw one in real life but this to me is the solution of "Smart" car combined with "Abarth" on the electric version and I believe that in this price and the current vast marketing budget the company is using the stock is way undervalued.
LET’S TALK TECHNICAL:
So the stock was trading below 3 broke out on fundamentals to 3.33 on the EV craze and haven’t looked back since.
New higher high of 3.92 on November 9th and there started a strong impulse wave that is not healthy for a stock with no substantial earnings yet- jumped to 4.97 and gave a gap to 5.28 - remember GAP MUST BE FILLED and that means stock will go back to "review" that price at some point.
from 5.27 to almost 8$ in 4 hours with a retracement to 6.43 and all based only on investors hype for EV market at the moment - which I am sure stock will revisit very soon when Biden gives his nomination speech.
we are currently in the end of a corrective wave and stock is expected to climb up to 6.5$ and give us one more correction to fill in the gap at 5$ and from there I really think stock will surge all the way to Q1 earnings in 2021 where they are expected to show some profits on paper.
As per now I am a strong buy and big believer in this stock and m=company behind it unlike many other new EV stocks popping out every day – these guys have been around for a long time and they have a finished product in their hands to show for.
Similarities between Xpeng and SOLO - just thought its worth mentioning the waves identical movements between the two:
Trade Safe and beware of the Hype – bubbles are meant to burst !
Leeroy
BTC fractal NIO waiting for a rollback to half level.
Look what happened to the BTC.
I think with NIO will be the same.
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These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
Thanks for your support!
NIO - MAY SOMEONE JUST TRY AND STOP ME! sold 5000+ vehicles !Probably my favorite stock of 2020 ! Been trailing it since it was on 6$ and the Chinese Gov gave them fundings in mass in the beginnig of the year.
This EV cheap maker is not stopping in red ! no corrections no retracements ! when it corrects it corrects by the cent not by the dollar.
When the market fell in September NIO was not moved by much and that shows investors confidence in the stock since they were not running away to gold or crypto like everyone else.
This stock moved to heavy wehight by JP Morgan last month and has been skyrocketing since, and as i write this it broke 30$ today.
my stakes in this stock are very high and acc to company investment vs profabilty along with Chinese loyalty in car sales and orders, this stock is predicted by FDGT team to reach 50$ mark by late FEB.
We analyse the market with Fundamental and technical analysis combined on a theory called Market Cycle Based Analysis (MCBA), which relays on Elliot waves theory combined with market volume and fundamentals.
Trade safe !
XPENG -METEORIC RISE, MEANS METEORIC FALL !! XPEV AND NIO ANALYSSo in the last 3 days in particular , XPEV the Chinese electric vehicle maker, has been exploding up, and there are many reasons to this which we will cover here in a moment but as an investor who is heavily invested in XPEV this causes me reasons for concern.
In a lot of the cases (excluding Tesla), when we see a meteoric rise such ass XPEV and NIO had in the last few days, this will mean a lot of investors that don’t really analyze the company properly and just jumping in the hype – but these are usually short term investors who are looking to make a hit and run. For me as a long-term investor in the EV market that means bad news.
A bit of Technical:
IMPULSE WAVE - positive sentiment causes massive volumes that are unstable and not sustainable
There is a clear method to how an impulse wave should work, and when you experience 3 motive waves as we see here that are all extended one after the other that means the corrective waves are going to be just as sharp.
We are looking at retracing wave of 618 of FIB if the stock finishes its motive wave in these manner -which means stock will fall down below the 30$ line.
NIO Wave chart:
Lets talk FUNDAMENTAL :
-XPEV delivered 3,040 in Oct over 200% from the previous year and considering the COVID-19 environment around us at the moment ,that is tremendous in my eyes, add to that the fact that 70% of those were the new Sport sedan P7 which is getting very positive reviews.
The EV market is creating new companies like mushrooms after the rain , and though competition is good , inflating a market with so much money and so many brands before it matured enough to sustain it can cause a domino effect and drop the EV market down to new lows and requires us to be patient to see our investment going profitable again.
The earnings of Xpeng are coming in Nov 12 and are expected to be positive – and here exactly is the issue – if expectations from investors on earnings are so high , even positive earnings with a slight downside can bring the stock down like a house of cards at -10% and even more.
To sum up – I am a strong believer in EV stocks whether Biden wins or not, but I would say : don’t put all your eggs in the EV market as this can get rocky!
WE analyze the stock market acc to the great Ralph Nelson Elliot and combine that with fundamental and sentiment analysis on a theory we call Market Cycle Based Analysis and that gives us high prediction rate 😊
This is not a recommendation but our personal advise
Trade Safe, and invest smart !