N3IA trade ideas
$NIO Major Room For GrowthIt has become abundantly clear that NIO Inc. (NYSE: NIO) is setting its sights towards expanding in the Dutch market following its recent announcement of opening its first NIO Hub in the European country. NIO’s Dutch hub is far from being an outlier. Currently, the Netherlands hosts 5 NIO swapping stations which is the highest number of NIO’s swapping stations among European countries. When news of the new facility became public, the stock ran 12% because investors saw the move as NIO doubling down on its European expansion. Having said that, the significance of this facility lies in the fact that it furthers NIO’s efforts to dominate the Dutch market. For this reason, the NIO stock forecast appears to be bright for 2023 and beyond.
NIO Fundamentals
As things stand, NIO is set to open its Netherlands hub on Tuesday, August 8th. The hub is located in the Netherlands’ fourth largest city in terms of population, Utrecht. Having said that, the geographic significance of Utrecht lies in the fact that the city is in close proximity to Rotterdam, The Hague, and Amsterdam, which are the Netherlands’ three largest cities.
This location along with the fact that the Netherlands has one of the highest swap station densities since it is the only country with 5 swapping stations within a 40 thousand square km area as well as the stations being clustered around the most densely populated areas. This indicates that NIO is strengthening its grip on the Dutch market.
At first glance, the Dutch market may not seem significant, especially since the population of the Netherlands is only around 17 million which is minuscule compared to European countries like France – 67 million – and Germany – 83.2 million. The reason for NIO’s Dutch fixation is simply due to the fact that the Netherlands has the third highest share of battery-electric vehicles in Europe which accounts for 2.8% of all cars in the Netherlands.
Additionally, the Netherlands has a zero-emission policy, which states that all new passenger vehicles must comply with zero-emission regulations by 2030. Once this policy is taken into consideration, NIO’s Dutch tactic becomes abundantly clear. The company’s investment in developing infrastructure in the Netherlands is likely made in anticipation of a sudden surge in demand due to the aforementioned zero-emission policy.
Once the policy takes effect, EV purchases will drastically rise due to a lack of alternatives. By placing 5 battery-swapping stations, NIO houses, and a NIO hub in the Netherlands, the EV maker is increasing its visibility while at the same time providing the necessary infrastructure for battery swapping and car maintenance ahead of time.
Technical Analysis
NIO stock is in a bullish trend and is trading in an upwards channel. Looking at the indicators, the stock is above the 200, 50, and 21 MAs which is a bullish indication. Meanwhile, the RSI is overbought at 81 and the MACD curling bearishly.
As for the fundamentals, the stock might be poised for a run this month because its July deliveries are set to be released in the coming days. Considering the growing speculation that the company may announce the delivery of 20 thousand vehicles in July, the stock could further soar if these speculations prove to be true. With the stock trading near resistance, investors could wait for a breakout of the current resistance with a pullback to go long on the stock ahead of the release of its July deliveries.
NIO Forecast
NIO’s new Netherlands-based NIO hub is likely part of a larger Dutch tactic that anticipates a surge in demand due to the country’s zero-emission policy. As is, NIO has already established a network of facilities in the Netherlands that will help it capitalize on a possible sudden surge in demand. With growing speculations that the company may announce the delivery of 20 thousand vehicles in its July report, the NIO stock forecast could be bullish for the rest of 2023.
could go on a explosive rally soon 👋🚀NIO breaking downtrend that's held it back all year after a few bullish breakouts past trend resistance..
break past 9.80 and we hit 10.9-12.06-13.18 targets within a week or two 🎯
needs to break back above that pivot level though because it recently turned into resistance 🔭
boost and follow for more! thanks 💛
Is this the turning point for NIO? NIO earnings are this Friday 9th June
- Positive Divergence
- OBV breaking upward potential
- As per prior post, we are in half way into the long
term buy zone. Long term accumulation can
commence for long term investors.
- Price could drop as low as $6 however there is no
guarantee, and with the positive divergence there
is a trade to be considered to the upside with
earnings on the agenda this Friday.
- Stop Loss at June 1st low somewhere between
$7.00 - $7.42 depending on risk tolerance.
NIO: Potencial moveLet me write in my profile that my English is bad, read exclusively with gritting my teeth =)
Let's look at another Chinese electric car manufacturer. Nio has a fairly wide consolidation channel, which you can see on the chart, even after breaking through the downtrend line, we should not talk about imminent big movements for this company. We may well consolidate at these levels for a sufficient amount of time. Now I propose to consider the option of going to the upper border of the channel, to the area of $14. A very important point will be the development of ema200, from which we can slightly correct.
This idea is not an investment recommendation. All cool deals and profits✅ Do not forget to subscribe and like, so I will understand that my "beautiful" English is extremely necessary for you =)
NIO can correct slightly when hitting the $14 resistanceNIO is on a decent run and will now face some resistance around $14.
Price might correct to $11.90-$12 region, in line with the trend line (dotted) I drafted, if we don't surpass the resistance level with a bull run.
I'm long on NIO. Entered $7.58 and $9.08.
NIO Wedge Breakout ContinuesNIO continues to move higher after breaking out of of the falling wedge pattern and topping the 200-day moving average, currently up a little over 10% today and +20% from my entry of $10.77 on 7/13.
The current price candle is yellow which indicates extreme bullish momentum behind price; yellow candles tend to indicate that price is becoming overbought and approaching a short-term top. With this push higher I've moved my stop-loss up to $11.71, just below the yesterdays yellow daily candle and into profit so the trade is guaranteed to pay out now if price reverses. For those with a lower entry price than mine and can afford some volatility and still remain in the green, stop-loss 2 is recommended as that was the the last higher low(HL) made in price before NIO made a new local higher high(HH). As price makes new higher highs on a chart I move my stop-loss to just below the most recent higher low as those are the last levels of support by buyers. If those higher lows are violated to the downside it likely means that sellers are in control of price going forward. Stair steps up: move your stop-loss to just below the last step price was on before it progressed to the next higher step.
My strategy with yellow candles is to move my stop loss to just below each yellow candle as price moves higher since price tends to continue to drift lower once the bottom of a yellow candle is breached on a pullback, reference previous yellow candles on the chart for historic moves after yellow candles form. For now I'm using yesterdays yellow candle as my stop-loss level since todays yellow candle is still live. Once the market closes today I will move my stop-loss to just below todays yellow candle.
The PPO is still showing positive short-term momentum with the green PPO line rising above the purple signal line. Both lines being above the 0 level indicate intermediate to long-term positive momentum.
The TDI indicator shows the green RSI line above the 60 level which indicates a short-term bullish trend. The green RSI line is trending between the 40-80 level which indicates an intermediate to long-term bullish trend. The RSI line is approaching the 80 level though which indicates short-term overbought conditions; price tends to reverse after the 80 level is tagged in the RSI. The RSI is also above the upper white Bollinger Band which also is a sign of extreme bullish momentum and tend to indicate a pullback in price is likely once the RSI moves back below the upper BBand. However, you generally want to stay long as long as the RSI remains above the upper band, and stay short when the RSI is below the lower BBand.
The TDI indicator is the one that is painting my price candles and giving me the yellow overbought conditions. Candles turn yellow when the green RSI line is above the upper Bband. You can find my TDI indicator here and add it to your own chart template:
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.