$NIO | UPDATE$NIO 1D
Would love to be proved wrong here, but Nio may be in for a final leg down. I'm looking for capitulation in the mid teens for one of the best BTFD moments of 2022.
N3IA trade ideas
Nio Analysis 12.01.2022Hello 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.
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NIO MACROVIEWHere we have NIO. The price might seem in acumulation zone between 33$ and 25$. On macro-view, we can see that the price did a descending channel, but with that acumulation zone we can have a beautiful bounce (price will break the zone from 33$ and will retest it and after that we will have a new acumulation zone on the upper limit of the channel before the breakout from the descending channel-bullish movement).
Not looking good for NioNio blew it's shot to reenter my triangle and breakout to the upside on Jan 4th(check out the red arrow). I bought puts $30 puts when my $33 dollar entry alert triggered with $34 stop loss. That stop loss is now at $32. This failure will most likely send the price to retest support at $28. Personally I don't think it will hold but we'll have to wait and see what volume looks like at that level to decide whether we continue shorting or not. $27.50 might be another entry to consider with a $28.50 stop loss. If that support turns resistance I see $20 as a real possibility. Again there's some variables to consider before executing this trade but it's not looking good in the short term... Technically speaking. NYSE:NIO
Continuation of sideways/downward movement?Here is my rather ameture, yet simple projection for the price action. NIO is clearly restrcited to a descending triangle. The generatal EV/tech space and chinese stock FUD doesnt help. Hopefully the March earnings might be a good catalyst as we squeeze in closer and closer to preferable (and hopefully soon positive in Q4 22/Q1 23) figures
Relevant levels on NIO + Explanation.Today, we will look at the relevant levels of NIO and what we can expect from them.
The first thing is defining the current context:
a) The price is making a corrective formation (defined by the support zone and the descending trendline)
b) The current drawdown is 59%
c) The current duration of the drawdown is 365 days.
From where we are right now. Which are the next relevant levels for bullish and bearish scenarios?
Bearish Scenario: Currently, the price is below the support zone. IF we don't observe bullish movements above 32 / 33 in the short term, the price may drop towards the next support/resistance zone at 14.00, which means an 80% drawdown.
Bullish Scenario: Assuming the price is able to move above 32 / 33, we may observe a reaction on the descending trendline. That would be a short-term bullish target. However, observing a breakout of the descending trendline could be a positive sign for position traders. It's important to say that when we have the breakout of structures of this size, it is normal to observe some corrections/throwbacks before new massive movements start.
Thanks for reading! Feel free to share your view in the comments.
$NIO | WEEKLY WATCHLIST 1/10$NIO 1D
Looking for a new low for Nio. Watching $24-26 region first to hold, otherwise we can see $20, $15 before any major low..
More pain before the relief This can find a bottom around 26 or fill the gap around 21 before any significant reversal.
$NIO LevelsBreakout zone:
$29.25
$29.00
Bull PTs:
$29.6
$30.15
$30.81
Bear PTs:
$28.76
$28.36
$27.88
NIO, 15 MinNYSE:NIO
NIO, 15 min
Buy at 26.38
Sell at T1: 28.42, T2: 29.66
Stop Loss at : 25.25
Please read the disclaimer
------------------
DISCLAIMER:
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
NIO, Daily, Descending TriangleNYSE:NIO Daily, Descending Triangle
In General, NIO in a Bad shape
it may respect the Bollinger band and reach target one at 33.10 temporarily. However, it may also keep drooping, breaking the Support Trend Line breaking the other s/r lines 25.77, 19.43 ..etc
---------------------Disclamer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
$NIO ready to squeeze ?By me NIO looks very bullish and ready for bigger move upwards. Short term PT $37 and long term over $40 risk area around $26.
See you in the single digitsI am not even charting this one out. If you can't see it.. I highly recommend you little kids go to college and study finance and then read some books on your own. The bullish posts are truly laughable.
NIO found Daily Support. Bullish SwingJustification and PTs provided on Chart.
Daily Chart:
(1) Bounced off Support
(2) Hull Moving Average (period 16)
(3) MACD Bullish Crossover
(4) RSI low and trending positive
PT1: $38 (0.618 Fib) and at Downtrend Resistance
PT2: $40.7
PT3: $44.27
Expected PT1 ~ end of Jan 2022
price channels nioNYSE:NIO
price channels of nio in log scale. I think this is a buying opportunity. and i hope the chinese tech sell-off is over
NIO calls and puts: Levels to look out for & considerNIO
Price - 33.47
Support- 31.99
Resistance -35.21
Consider***
Calls above - 36.13
Puts below -29.4
NIO - Bullish ABCD PatternLooking for a run up to $38-40 level. If it breaks the channel, we could see a run to $43-44. The next level is $53. Beware of regulatory issue in China. Looking to cut EV subsidies. This may overshadow price movement/momentum.
NIO's backslide. looks eh.It's probably a fine company longer term, but at the moment it is backsliding into new lows. If it's not bought up quickly, it may be trapped under a new ceiling for a while.
The only benefits I see for NIO is that it has a longer range battery than tesla, but the price tag of $100k+ for any model and not having total technological superiority isn't a market dominating proposition.
Nio Path within downtrend channel $22 by march
$8 by October
Then NIO will go on a massive bull run after it tests $8 by end of 2022.
Just an opinion do your DD. Not a FA
Nio is going for single digits.. low single digitsSee you guys there in 2022.. oh wait, it is 2022. Ok.. see you there later this year.
(I can just hear all the kids screaming in their high pitched mickey mouse voices, you're crazy. NIO is going to $200! Dream on kids. Oh and that spike last week.. oddly COE spiked higher than NIO did. Must have been that great news that came out right? 1/2 of all stocks spiked that day. I know.. you insist its NIO and the news that came out. Guess what, you are wrong again! That's twice you are wrong.. anything else kids?
