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 !
Niostock
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 - Will the patern repeat the last year?Will the current pattern repeat the one from last year? On the current view i put the candle sticks from the same period last year and it looks very similar. On the view from last year i drew vertical line indicating where we are now. Will finally the stock price go up again? I personally think so. Bear in mind that this is only my personal view and i am not financial advisor.
30m Chart InterpretationsWho is waiting here? Short sellers
Is this a high-risk trade, moderate risk trade, or low-risk trade? High-Risk Trade
What type of gap is this? An exhaustion gap
Thank you for reading!
Greenfield
Starting April 19, for early access and explanation to my chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to my YouTube. Thank you! Greenfield
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Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
30m Chart InterpretationsA. What type of trade is this? Short Squeeze & Profit Taking
B. What type of traders are waiting here? Short sellers waiting for an opportunity to short. Long traders waiting to see if short sellers will surrender here.
C. What type of gap is this? Bullish Breakaway Gap
Thank you for reading!
Greenfield
Starting April 19, for early access and explanation to my weekly chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to my YouTube.
www.youtube.com
Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
Weekly Chart Interpretation 4 NIO1. What leg of Elliott Wave is this? Double Bottom in Leg B
2. What is that purple line? Major Resistance
3. What price is a good stop? $33.74
Thank you for reading!
Greenfield
Starting April 19, for early access to my weekly chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to my YouTube.
www.youtube.com
Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
NIO - Chart Analysis A few notable things to consider before piling in:
Double bounce on 200 EMA and .5 fib level
RSI shows slight bullish divergence
Lots of resistance above
Ton of new competition with much stronger infrastructure in place (VWAGY, VOLVO, FORD, GM...you name it. Toyota will be a major player once they get their ducks in the row...)
Chinese stock
If we break 200 EMA watch out for the 2 gaps to be filled (don't think it would go below $20 though)
Might still have some steam left for a bounce to $49-52 level. Not sure I would want to hold this long term. IMO not going to be a rocket ship it once was and will have a lot of sellers looking to get out at higher levels. No active position for me. Not a fan but you dont have to listen to me. I am no longer trading short term.
Do your own due diligence. Good Luck!
NIO: Range InboundA detrimental decision was made for NIO at the $35 mark recently, where a previous area of support was held on March 8th. As we can see, we had a false breakout before close, but ultimately the last bullish 4-hour candle proved otherwise. The chip shortage certainly was a staggering blow, but the continuous retest and bounce off of $35 convinces me that we may see NIO continue in a range before seeing another push up towards $50-$60.
It is Spring, but still cold!Thank you for reading!
Greenfield
Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
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
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