NIO Short Term - We look to Buy a break of 23.79 (stop at 21.92) We look for gains to be extended today. Price action has broken from the previous formation. The reaction higher is positive and highlights a clear reversal. Short term oscillators have turned positive. Our profit targets will be 28.11 and 32.51 Resistance: 28.00 / 34.00 / 45.00 Support:...
we breakout from our ascending bearish line, now we need to hold above our current support , in order to confirm this breakout, and test to level of Resistant , first around the 26.05$, and the second around the 29.70$. a bonus in TradingView coins (up to 30$) tiny.one
Nio had a huge correction last months. Especially now fuelprices are high. I see The demand for electric vehicles rise and combined with this pattern i see us reaching that high again this year.
the moment we clear our ascending line, we will see a bearish trend reversal , and have a massive test around the 29$, before we continue the trend up, before that we should hold above our box, and never go below to confirm the bullish momentum and breaking our ascending line, and doing higher lows, by bouncing above our support box. discount for the best trading...
Price target for NIO is $21. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Would you call this a massive Bull flag or a Falling wedge? you pick. Either way, if we consolidate here the fib extension to the right would give a bounce back up to around $55 or .61 on the fib extension.
haven't really traded stocks for a min watching how this plays out as FTX has it listed
NIO - Short Term - We look to Sell at 27.16 (stop at 29.98) We look to sell rallies. Previous support, now becomes resistance at 28.00. We have a 61.8% Fibonacci pullback level of 28.26 from 33.80 to 19.31. 20 1day EMA is at 26.50. Further downside is expected although we prefer to sell into rallies close to the 27.00 level. Our profit targets will be 19.36...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Short $NIO $29.30. Falling channel. Downtrend will continue in my opinion. Price was rejected at 200 SMA early December 2021. Made lower lows since then. Recently Tried to break above $34 area but failed to maintain the momentum. Soon will test $27 area for support. Any further sell off in this name, going to push the price down my short target of $22 area.
NIO - Short Term - We look to Sell a break of 27.53 (stop at 29.42) The primary trend remains bearish. Bespoke support is located at 28.00. A move through 27.50 will confirm the bearish momentum. Closed below the 20-day EMA. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 22.82 and 21.10 Resistance: ...
NIO Inc. will go down to make a new low around 50% to 61% of fibo to finish the (4)th wave correction. After finish correction it will make new all time high. For confirming the correction finish you can watch hidden bullish divergence RSI indicator. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment...
On the Daily Chart of NYSE:NIO , we can see that it has been creating lower highs (starting from 11th January 2021 @66.99) and consistent lows in the 31-32.5 region. This is a macro descending triangle formation which indicates a potential bearish trend. However, on the RSI Indicator, we can see that NIO is currently at 30.03, which indicates that it is...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Just looking at the chart NIO looks weak AF right now. Im a beginner soo please dont take this too serious. have a great 2022!
#NIO $NIO I expect to see one more push to around 50$ before completing the correction which is expected around 21 to 13 $ It is all a personal opinion do your own DD good luck and happy hunting!
NIO is in consolidation for long time after big upwards price action in form of falling wedge/channel. Currently sitting on weekly support with oversold condition on RSI. Notice that NIO stock price rise after every visit to/near oversold area, which offers good bounce trade setup here.