$NIO | WEEKLY WATCHLIST 12/6Probably the biggest change in charts this week. I kept saying under $37 and my view would be invalidated. Here's the next probable situation to play out in my opinion. Nio < $20 for a long term hold is not bad.
NIO/N trade ideas
Nio Trade Opportunity Nio looks like its breaking support with a lot of other stocks under 30 is where nio can start to sink in a downtrend, there is also a very small gap to fill at $10 but i doubt it will go that far into the pit
$NIO - Holding at support level, Calls > 33 | puts < 30$NIO - Holding at support level, Calls > 33 | puts < 30
- Weekly at 100ema
Chart patternNIO price formed a descending triangle, on D1 TF. we await a bullish breakout.... a long-term hodl.
Descending triangle after uptrend ? Little confused as to what a descending triangle after an uptrend signifies. What do you all think?
Descending triangleA descending triangle formation that shows a partten in which the price is about to surge to the upside.
Now we look out for a break out, once we see a breakout of the downward trend lines which shows the upward move in price. That should be our entry
Gap not filled and -23.6% fibonacci at the same price hi all
In my opinion it will go down to 23$, you can see that there 's a gap that should be filled and it falls right in the area of -23.6% of the fibonacci.
@rigorocks I used your style to start reading charts, I hope you like it.
NIO - Buy at LL - TradePlanBased on the Bat pattern, resistance and trendline, it seems that bulls will soon take the chargeback at 34.04 level, and a trend reversal is possible.
Bullish Indications
1. Possible Reversal at 34.87 - Bat Pattern
2. Resistance at 33.31
3. Nature, Time Cycles: Since Nov'20,
it always comes to the support level @ 33.69
and bounces back. The same behavior is expected this time as well.
Bearish Indications
1. Lower highs and lower lows
2. Three black crows
Biased: Long after next LL
Plan A: Buy
Buy at LL: 34.04
SL: 31.19
TP1: 40.13
TP2: 42.72
TP3: 46.00
Plan B: Sell
Sell at 36.41
SL at HL 39.50
TP1: 33.50
TP2: 31.19
$NIO quite a drop under the geo line!We were tacking this on our recent live streams and today saw a momentum push below the geo line and filled two daily gaps!
$NIO A gap to fillThere is a gap in the range 34.16 - 34.91 that needs to be filled which will be the buying zone.
Stop-loss below the gap at around 33.10
Good luck.
Disclaimer.
I am not financial advisor, only sharing my opinion for educational purposes.
Nio Quick UpdateNio is following right behind AMRS and AMC in the chart and price action.please take this warning seriously if your in a long position. Your stop loss must be $33. You don't want to ride this ship down
Thanks
Rigo
NIO LONGS 📈📈📈Expect LONG on NIO on long-term perspective, from a HTF point of view price is squeezing right now into a bullish triangle that should be broken to the upside way above 40.00 level. For a better long opportunity wait for the price to consolidate above psychological area 40.000 bullish confirmations and go LONG.
What do you think ? Comment below..
Nio Analysis 01.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
NIO : Gap is filling.NIO uptrend reach our first checkpoint 42$ mark and now it doing some correction around 38$-44$ mark. And filling the gap after that it complete its uptrend towards over second checkpoint 47$ mark.
Previous Analysis.
If you agree then like idea and support me.
Mention your ideas in comment :)
NIOGap to fill above. I am very bullish on this ticker and can see $55 by end of this year. It has respected the channel on the Wkly TF and has held the $38 to $39 VPOC nicely.
NIO - BIG MOVE INCOMING - DIAMOND (MIDDLE?) LOLAll,
Definitely forming a dimaond on daily, usually very large moves out of diamonds sort of a weird spot here you could argue short term diamond top or mid term diaomond bottom. Either way I think this moves big up or down keep close eye on it closer to next week, maybe sooner.
$NIO about to wake up!-This is a bit of a longer Play as you can see this is the weekly chart
-we are looking to squeeze and make a nice breakout this coming month
-Easy buy now and hold type of play
My top 3 China Stocks If you have been following me, you would know that I love China and its stocks.
Below are 3 of my top 3 China stocks that have given me triple digit returns todate :
1. NIO : 476% ROI
2. Meituan Dianpin :158% ROI
3 . Xiaomi : 170% ROI
Here's one of my favourite quotes from Peter Lynch :
I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one or two of them go up big time, you produce a fabulous result.
I have highlighted the importance of self-motivation in this lonely game of trading/investing.
I play back these charts every once in a while when I too got setbacks (like 2-3 consecutive forex losses) or not in the mood to do research, etc. We are like a gardener and constantly need to prune the plants to avoid overgrowing , keep it in shape, and if those that are already damaged or rotted, we have to remove them immediately else the damage will spread to the healthy ones. We constantly look for complementary or new varieties to add on to our garden, to make it even more beautiful. The important thing is not to overly focused on getting new ones (buying new shares) and neglected the existing ones.....
Just like a garden, not all will blossom, you have to ensure it gets the right amount of light, water, soil type, fertiliser, etc. Maybe, you got it to blossom once, but the next time it died. Are you going to follow through and try again (ie. go back to the chart and trade/invest once more?) or you forget about it and go hunt for the next beauty ?
There is no right or wrong strategy, just what suits you better. Everyone have a different idea how they want their garden to look like at the end of the day.
$NIO | WEEKLY WATCHLIST 11/29Smaller degree wave 2 looks to be in! Expecting an impulse higher this week above $45. $37 needs to hold below for this count to stay strong.
Khan's Swing-Trading Idea - KW 48 - Play #1 - $NIONIO-Day paid good in the past..
Wait until the market shows a direction. In addition Chinese EV-Stock, so know what you are trading
$NIO Bull Flagging$NIO - Chinese Electric Vehicle Maker
From a technical perspective, this stock looks nicely set-up for another leg higher. If we zoom out from the chart above to the Monthly and Weekly time-frames, we see this same bull flag consolidating above major support at roughly $30. It is always a great sign to see confluence of trading signals when zooming out to the higher time-frames. Ideally, that is what you want in a trade (i.e. as many indicators and time-frames saying the same thing). For me personally, I like to see confluence from the monthly all the way down to the hourly and 30-minute charts. Those have historically been the best set-ups for my system.
Looking at the Daily chart, I can see some resistance at roughly $45, $47, $50, and then $55. If the stock got above $55, then $60 is like a magnet for price and would come relatively quickly I believe. Then above $60 we would test the all-time highs of $65, and if we get above I see a price target of ~$100, which is a measured move based on the $35 range of the wedge pattern that has formed.
Considering we are near the upper end of the range of the pattern, now would not be the best time to buy, considering we could drop back to support near $35 or go as low as $30-$31. These price levels would be good spots for low risks trades back up towards the downtrend line near $40. These levels could also be utilized for a low risk longer term trade/investment, as the risk is very clearly defined.
I see numerous other trades that could materialize, one being the breakout over $45. This should then trigger long side buying momentum, and one could target $47, $50, $55, $60, and eventually even $65 if we get there. I would sell majority of my position within that range, and leave a small runner for that $100 price target. It's always best to lock in gains, leaving a small runner so we can still participate in any further upside of the trade, while also freeing up capital to put to work on other trades/pay ourselves for the hard work of trading.
A wise trader once told me; "Never try to guess a top or bottom for exiting a trade; leave a small runner, and let the market take you out. This is how great trades can turn into spectacular ones."
From a fundamental perspective, the EV space is certainly a hot sector right now, and this stock has gotten attention before from both institutional players and the retail crowd. As the US government continues to push and incentivize the transition to EV's, and with the Biden admin being weaker on China vs the Trump admin, I think $NIO has a solid economic and political landscape behind it to propel the stock higher.
Full Disclosure: I am not an advisor/financial planner, these are strictly my ideas and are not meant in any way to be financial advice. Trading and investing carry substantial risk of loss and should only be done by those whom have the financial capacity to handle losses. I have no financial interest or connection in this company, and I am not a licensed financial analyst. Past performance is not indicative of future results.
