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NIO INC CEDEAR EACH 4 REP 1 ADRNIO INC CEDEAR EACH 4 REP 1 ADRNIO INC CEDEAR EACH 4 REP 1 ADR

NIO INC CEDEAR EACH 4 REP 1 ADR

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NIOC trade ideas

NIO didn't break, but is close to the 2022 POCNIO is currently trading near the 2022 Point of Control (POC) after failing to breakout at the top of the descending channel. This presents a great opportunity for investors to capitalize on a potential rebound in the stock price. Although NIO didn't breakout at the top of the channel, the current stock price level presents an attractive long-term opportunity for investors to benefit from the potential upside in the stock. With the stock price near the 2022 POC, investors should consider taking advantage of this opportunity to get in before the rebound. *Testing AI generated text* Cheers!
NYSE:NIOLong
by Umbriel990
NIO CARSif you don't like Tesla, Here Nio, the chinese version. - Like Tesla, Nio makes luxury electric vehicles. Unlike Tesla, Nio does not make its own EVs, instead partnering with a state-owned auto manufacturer. Nio, Xpeng (XPEV) and Li Auto (LI) are startup rivals to Tesla in China, the world's fastest-growing EV market. - Nio's great advantage is that its owners have the luxury of using both battery-swap and charging, reducing battery and range anxiety some might have with electric vehicles. In 2021, the founder, Li Bin, announced that Nio plans to expand to 25 different countries and regions by 2025. Trading Parts : - Notice the GAP in October 2022, around 10$. Then NIO started his first bullrun to 66$+. - Right now the Gap has already been taken back in October 2022. --------------------------------------------------------------- Buy Zones : --------------------------------------------------------------- - Buy breakout around 13$ or - Buy Retracement around 10$ TP : 26$ ish. ( at GAP zone ) SL : 5.8$ --------------------------------------------------------------- - Trading is Trading but i consider NIO as good long term investment, but it's just my humble opinion. Happy Tr4Ding !
NYSE:NIOLong
by thecryer
11
NIO rising from its downtrend.NIO double-bottomed in late December, this past Monday, and also back in November at the same level now drawn onto the chart in green. It is now above the POC line on the long-term volume profile suggests it was pushed there by buying pressure exceeding selling. Fundamentally, NIO is strong in China, TSLA lowered its price to be competitive and maintain market share. Easing of COVID lockdowns has helped boost production. Price has moved above the SMA 100 and SMA 300 on the rising uptrend. This appears to be a long trade setup.
NYSE:NIOLong
by AwesomeAvani
1