$NIO long iswaI like NIO long after a re-test to this trendline. Ideally for a target at 15 for a swing with 2 weeks time. Any idea I publish is usually 4 days plus of a hold.
NIO/N trade ideas
NIO AnalysisPrice played out nicely as analyzed last week, giving us a 14.11% move to the upside. Price finally mitigated the final target for this uptrend. I will be expecting a bearish retracement from this bearish POI next. If price wants to go higher, I want to see price taking out the clean highs at 13.22 next.
NIO: LIKELY TO PUSH HIGHER AND RETEST $11.17 RESISTANCE NIO appears to have found a bottom and now moving upwards on both weekly and monthly timeframes. The 20 EMA is on path to crossover the 50 EMA this signals strength to me. Once Pass the weekly resistance $10.55 the next resistance will be the 200 EMA
$11.32 (TP 1)
$12.10 ( TP 2)
Stage 2 Breakout in NIONIO is basically a Chinese Tesla. They are an electric vehicle manufacturer with seven models in production and have so far delivered around 350,000 units.
I don’t typically like Chinese stocks, but this one looks poised for a breakout higher.
The chart above shows my stage analysis for NIO stock on a weekly chart covering the last four years. As you can see, NIO is setting up for a new potential Stage 2 rally.
The first breakout into a new Stage 2 uptrend is, without question, the best place you can buy a stock.
If you drill down to a daily chart, you will see that NIO finally broke through its 200-day SMA which has acted as resistance for the entire downtrend.
If NIO can hold above its 200-day moving average and breakout higher, this could be a near perfect entry on this growth stock.
NIO Long?Nio has held up extremely well considering how hard of a selloff Tesla got hit with.
This Bullish pattern is retesting the breakout trendline and holding right above a key Moving Average.
An inverse Head & Shoulders pattern has broken out.
Nio continuation after pullbackThis is another nio setup, as you can see we have 3 touchpoints on the red line after Nio broke out of cup/flag setup. Great day to average back in in my eyes, eyeing sept calls 12$ strikes.
NIO AnalysisPrice playing out nicely as analyzed last week. Price filled the fair value gap and is now showing bullish sign. I'm expecting price to continue higher into the bearish POI at 13.22 next.
$NIO is turn to stage 2 ?NYSE:NIO is nearly turn to stage 2
Technical Analysis Big picture:
1) NYSE:NIO is going on down trend for a year and 3 month ago just have low volatility and low volume
2) Make Sideway down and forming wedge shape with RSI overdrive up. Possibility highly to make U-turn
3) HSI index make pattern H&S. If complete price break upper resistant it's time of chinese stock rally
4) Now it has 2 resistant to confirm stage 2 is breaking EMA200 and Breaking base of wedge shape to confirm
Technical Analysis Small picture:
- NYSE:NIO break the wedge and make lower high forming picture Cup and Handle
Hope NYSE:NIO get well soon
Good Luck
NIO test to change trendNIO breakout of POC and test the ema200
if it break ema200 is a good sign to test new resistant at 20$
NIO Wedge Breakout + 200sma BeatNIO has been benefiting from the recent rise in EV stocks with price breaking up and out of a falling wedge pattern while simultaneously crossing up through the 200sma with multiple closes above it. The last time NIO closed above the 200sma prior to this recent move higher was back in November of 2021.
Looking at the moving averages(8,21,34,50,100,200) we can see that the shorter averages are rising and crossing up and above the longer averages indicating a short-term bullish trend in price. The 100ma is leveling out, the 200ma is still declining. We want to see price continue to rise going forward and for the two longest MA's to turn up to strengthen the bull case in NIO.
The PPO indicator show the green PPO line rising and trending above a rising purple signal line which indicates short-term bullish momentum in price. Both lines trending above the 0 level indicates an intermediate to long-term bullish momentum in price.
The TDI indicator shows the green RSI line trending above the 60 level which indicates a short-term bullish trend in price. The RSI line is also above its purple signal line and in the upper half of the Bollinger Bands indicating a bullish trend. Going forward we want to see the green RSI line continue to trend between the 40-60 levels as a sign of an intermediate to long-term bullish trend. The only negative here is the RSI line putting in a lower high compared to price which is a bearish divergence and could lead to a short-term pullback.
Assuming that the stock market and EV sector specifically continue to hold it together, NIO should benefit.
Buy price for me was $10.77.
Stop loss for me is currently at $9.37.
No upper price target for now, will continue to raise my stop-loss as price sets higher lows on an anticipated continued move higher.
NIO - Falling Trend Channel [MID -TERM]🔹Breakout the ceiling of falling trend channel in the medium long term.
🔹Breakout resistance at 8.79 in double bottom formation.
🔹Supports at 9.3 and resistance at 13.
🔹Short-term momentum is positive with RSI above 70.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
$NIO - Long ! Continuation Play! If we pullback and bounce above 10.43
Will risk 10.30 Area
leave some runners above 11.85 if price get's there
Buying Any Break above Hod if it rips above 10.82
On Retest bounce!
NIO AnalysisPrice played out nicely as analyzed last week, giving us a 7.93% rally, meeting the bullish target. Right now, price could make a bearish retracement, or continue higher following the strong bullish momentum into the bearish POI at 13.22 next.
NIO BROKE the downtrendgreat,
so no we just need to accumulate and wait. Not so soon for an uptrend.
$12-$13 has a huge resistance gap.
if we can break that, up up and away.
currently looking and buying more as it goes down
Culminating Weekly Divergence! NIO1. Weekly bullish divergence
2. Trying to break the downward channel. (trading near resistance line)
3. WT_LB indicates trading at oversold band
4. MA is not yet confirmed and I am going to wait until I see a change to green line (potentially will happen at earnings release date)
5. Both gaps were filled based on previous analysis.
There are risks. Do your own research. it is just my thoughts.
$NIO Major Room For GrowthDespite news of inflation remaining near zero in China in May, Nio Inc. (NYSE: NIO) has finally ended months of declining sales and has reached its June delivery target. Furthermore, NIO’s investment in the Australian lithium miner Greenwing Resources Ltd. may prove its importance with the expected shortage of lithium batteries as early as 2025. It is also worth noting that NIO has announced new investment from the Abu Dhabi government which could mean that expansion in the Middle East is not out of the question for NIO. All of that indicates that the NIO stock forecast could be bullish in the long term.
NIO Fundamentals
Risk of Deflation In China
With inflation reaching zero in China and being on the brink of deflation, NIO and other Chinese EV manufacturers are at risk of seeing declining sales since it can discourage spending as consumers postpone purchases in anticipation of even lower prices.
Despite inflation reaching zero in China, NIO delivered 10,707 vehicles in June ending months of declining sales and failing to break the 10,000 delivery threshold for the past couple of months. While the risk of deflation will affect Chinese EV sales, the tax exemption for EV purchases that will start in 2024 may help mitigate some of its effects and prevent sales from plummeting. In light of this, NIO could maintain its momentum over the coming months which could see NIO stock run from current levels.
Lithium Battery Shortage
Another risk NIO may be facing is the expected shortage of lithium batteries that EV manufacturers may see as early as 2025 due to a lack of investment in the production of lithium. However, NIO may be able to navigate through this expected shortage since it bought 12% of the Australian lithium miner Greenwing Resources last year for $8.1 million. This deal is now proving its worth for NIO as it will help the company avoid or at least mitigate the shortage EV manufacturers will be seeing.
Technical Analysis
NIO stock’s trend is neutral with the stock trading in a sideways channel between $8.79 and $9.89. Looking at the indicators, the stock is trading above the 200, 50, and 21 MAs which are bullish indications. Meanwhile, the RSI is neutral at 57 and the MACD is bullish.
As for the fundamentals, NIO stock has witnessed two catalysts in the recent investment by the Abu Dhabi government which provides the company with a strong backer, and the June delivery update which saw NIO break the 10,000 delivery threshold. While the risk of deflation in China may impact NIO, the company is well-positioned to navigate through any headwinds it may face thanks to its impressive product.
NIO Forecast
With NIO reaching its delivery target for June despite inflation reaching zero in China, this indicates that the Chinese EV manufacturer may be back on track after a disappointing few months in terms of delivery. Furthermore, NIO’s investment in Greenwing Resources may help it push through the expected lithium battery shortage. NIO may also expand into the Middle East in the future, following the investment from the Abu Dhabi government that it has received. NIO and other Chinese EV manufacturers will be facing a lot of new hurdles, but at the moment, NIO seems to be equipped to navigate those hurdles, which is why NIO is certainly an exciting EV stock.
$NIO NYSE:NIO - On Friday, the NIO stock price experienced a gain of 4.50%, closing at $9.99. Throughout the trading day, the stock fluctuated by 4.45%, reaching a low of $9.66 and a high of $10.09. Recent trends show that the stock has risen in 6 out of the last 10 days, resulting in a 12% increase over the past 2 weeks. However, volume decreased by 2 million shares on the last day, with a total of 50 million shares bought and sold, amounting to approximately $503.41 million. It's important to note that falling volume on higher prices can indicate a divergence and serve as an early warning for potential changes in the coming days. Currently, the stock is positioned in the upper range of a wide and weak upward trend in the short term, which could present a favorable selling opportunity for short-term traders, as a reaction back towards the lower part of the trend may be expected. A breakout above the top trend line at $10.24 would suggest a stronger upward momentum. Based on the current short-term trend, it is anticipated that the stock will rise by 7.92% over the next 3 months. There is a 90% probability that the stock will reach a price range between $8.34 and $11.06 at the end of this 3-month period.
NIO AnalysisPrice failed to mitigate the bullish POI at 7.92 before the rally despite coming close to it. Right now, we have a change in character, but price has not given a confirmation that it wants to go higher. I want to see a solid break of structure to the upside at 10.75 and wait for a retracement before entering.
SEND ITI am buying any potential retrace.
Wether if it was orange or red count.
Have to add that the red count is less likely at this point.
Called this a month ago for bottoming .
Long term hold boys and girls.
Thanks for playing <3
LONG NIOwe JUST closed the gap from 2020... three touch points on the trendline established in 2019, touched in 2020, and now again. Very low risk entry point. And there's a gap at $27
2 potential roadsDisliking the expanding diag.
but i cant see anything else ATM
Typicall retracements after diags are 0.786
which sits at suggested wave 4
However every completed Zig zag pattern is a potential end of a correction or a wave 2
Therefore i present to you two most likely roads
