NIO buy zone mid-termUsing my own Kaiju Trading Strategy, I've noticed a buy zone around 5.80$, would be nice to DCA around there for mid-term investment Stop loss is below 4.5$ or you can DCA it if you are not in a hurry for quick profit and want to hold long-term NFA DYORLongby kaiju_cryptoUpdated 224
NIO AnalysisPrice played out nicely as analyzed last week, giving us a -16.48% move to the downside. As price is over-extended to the downside, I'm expecting a bullish retracement from here. Target for the bullish move will be the bearish order block at 7.67.by Keeleytwj3
China’s Auto Exports Surge 58% to Record High in 2023 The development follows another milestone for Chinese auto exports after they hit more than 3 million vehicles in 2022 and over 2 million in 2021, the report said. The latest record was driven by a surge in exports of new energy vehicles, which climbed 77.6% in 2023 to more than 1.2 million units, according to the report. Overall auto sales in China climbed 12% year over year to 30.1 million units, while output rose 11.6% to 30.2 million units, Xinhua added. Nio: - Trading at 35% below our estimate of its fair value - Revenue is forecast to grow 22.58% per year Longby Maximus200001
Bearish Technical Outlook on NIO NIO has been bearish for a long time now. We were initially in a megaphone pattern and rising wedge, which resulted in a dump earlier this year. We tried entering back into the megaphone but failed. Now we are in a macro descending triangle and micro head and shoulders pattern. I do not like the chart, therefore I will rate NIO as a sell on the next test of resistance. If the base of our triangle breaks, then the head and shoulder pattern would have come to fruition.by ILuminosityUpdated 12125
$NIO - Danger!NYSE:NIO I don't always exit at the right time, but I got it right on this one. NIO retraced back to the trendline last Friday around $6. On the weekly chart, THREE BLACK CROWS candles formed, which usually means more downside to come. I believe NYSE:BABA is a more compelling bet. Longby PaperBozz1111
STOCK HOTLIST Here are two stocks I am currently watching. Lots of big shifts happening across the board in all markets. It is important to stay adaptable, flow like water as Bruce Lee says. Long03:26by MarketWarriorFX116
NIO down to the hellNIO dropped badly during the last two weeks Price reached bottom of medium trend channel down but long term channel still have space to drop more I think price will reach 5.30-5.40$ before a bounce can happen (blue arrow) Yesterday price find support on medium term border and is also possible ad up move to 7$ (light blue arrow)Shortby balinor2
Profits inc: Reliable Double Bottom and Wedge pattern.Nio is poised for a long-term investment. Two of the most dependable indicators have been confirmed almost simultaneously. Combined with a Williams Percent Range of -96, this makes a strong case for a high-risk, high-reward opportunity. Target 1 and Target 2 pointed out. $NYSE: NIO All the best. Longby petersnordanaa3313
The Unraveling Tale of NIO Amidst the EV Industry Challenges In the ever-evolving landscape of the electric vehicle (EV) industry, one player that has found itself caught in the whirlwind of challenges is NIO Inc. (NYSE: NYSE:NIO ). The once high-flying stock has witnessed a staggering 90% decline from its peak in 2021, raising concerns about the company's resilience in the face of intensifying competition and industry saturation. The EV Industry Blues: NYSE:NIO 's struggles are not isolated but are symptomatic of the broader challenges plaguing the EV sector. Even Tesla, often regarded as the gold standard, has faced a 28% drop from its 2023 high, yielding ground to competitors like BYD. The sector's smaller players, such as Mullen Automotive, Canoo, and Fisker, are grappling with cash burn, further contributing to the overall industry turmoil. Market Saturation and Global Competition: NYSE:NIO 's unique focus on the Chinese market, once considered a strategic advantage, has become a double-edged sword. China, flooded with electric vehicle brands like Xpeng, Li Auto, BYD, and Tesla, has become a battleground where companies vie for market share. Additionally, NIO faces fierce competition in Europe, with concerns arising from the EU's review of China's EV subsidies. The fear is that Chinese companies, including NYSE:NIO , enjoy subsidies, making their products more affordable than those produced within Europe. Financial Lifeline and Global Expansion: Despite the challenging landscape, NYSE:NIO has made strategic moves to secure its financial future. A recent $2.2 billion deal with CYVN from Abu Dhabi provides NYSE:NIO with a financial lifeline, tapping into a region experiencing exponential growth driven by tourism, finance, and energy sectors. This influx of funds positions NYSE:NIO well for the future and reduces immediate concerns about its financial stability. Deliveries Surge Amidst Margin Pressures: While NYSE:NIO managed to boost its deliveries, reaching 160,038 vehicles in 2023, a 30.7% YoY increase, the company grapples with thinning margins. The gross margin dipped to 8% in Q3 2023, down from 13.3% the previous year. NYSE:NIO attributed this decline to the industry-wide trend of slashing prices to remain competitive. The delicate balance between increasing market share and preserving profit margins remains a pivotal challenge for the company. Technical Downturn and Bearish Outlook: Technically, NYSE:NIO 's stock price has experienced a persistent downward trend, breaching key support levels and remaining below crucial moving averages. The Relative Strength Index (RSI) dropping below 50 further underscores the bearish sentiment. Conclusion: NYSE:NIO 's journey in the coming months will undoubtedly be a test of its adaptability and strategic prowess. As the EV industry undergoes a seismic shift, NYSE:NIO 's ability to navigate these challenges, secure global partnerships, and maintain a delicate balance between growth and profitability will determine whether it can rise from the current slump and redefine its position in the competitive electric vehicle landscape.by DEXWireNews113
NIONIO is looking interesting. Backed by the Chinese Government. Not profitable yet, but could gain large market share if EV trend continues. Might be a good swing trade. Longby ECT872
levels to watchBased on 10 Wall Street analysts offering 12 month price targets for Nio in the last 3 months. The average price target is $10.86 with a high forecast of $18.70 and a low forecast of $8.00. The average price target represents a 65.80% change from the last price of $6.55.by KhanhC.Hoang113
$NIO - MAJOR BEARISH CHANNEL $4.70 1st TargetA Major Downward Channel is still at play with ta 1st major Gap area that needs to be filled at around $4.70. If it breaks, then there is another gap below that with multiple support areas that could break. Final support at at the $1.19 area. Short at each break for maximize profitShortby TheTradingStar558
Target reachedNIO reached the lower margin of the channelup and price can now try to bounce back heading to the next resistance at 7.95 and then 8.50 Breaking down will go to test again LL around 7$Longby balinorUpdated 115
NIO to $10 by end of January.Hi Traders, NIO's main seasonality is January with 83% win rate (stock is green). We started this year at $8.41 on 2 Jan, which means by 31 January, NIO will likely be higher than $8.41. I'm targeting the 1/19 $10 CALL option (which is currently $0.14), based on positive RSI divergence on the 2hr chart. In addition, NIO closed the $8.50 gap and is currently forming a bullish wedge pattern. Entry: $8.27-$8.50 Target 1: $9.65 Target 2: $10.11 Stop Loss: $8.01 Option Entry: BTO NIO 1/19 $10C @ .15 Option Target: STC NIO 1/19 $10C @ .30 for 100% profit Options SL: STC NIO 1/19 $10C @ .10 for 33% risk Happy Trading!Longby chiefwils0nUpdated 15
Nio breakdown to good long oppertunitiesNio has great long term potential. The short term resistance breakdown presents a good oppertunity to accumulate the stock as excellent prices. The first buy target is at 5 dollars.Shortby ManavShardha331
NIO broke down into low volume areaI didn't enter any shorts yet, but I think this is going towards 4.00$-4.60$ shelf after breaking down into thin air zone.Shortby altonaut84111
NIO - Massive long at what could be the absolute bottom. I posted this a week ago but not much has changed. It was taken down by moderators because I mentioned something that went against house rules. Nonetheless: ORIGINAL POST: Nio has double bottomed on the weekly at local level with bullish divergence on the MaCD. It is also showing a clear shift in momentum on the 4H and Daily timeframes. We took this position a few days ago, and have already taken very small profits at the first tp level. I was unable to post here as my account has been hacked for the past 3 weeks and I have only just gotten it back, hence the lack of updates overall. Having said that the community took this trade. I am posting this now as I believe that if we get above 8.36 then one could strategise a trade on a backtest of that level, so you guys could enter there if you haven't already. The weekly is posted below Longby SynergyTradingSetupsUpdated 9923
NIO AnalysisPrice failed to played out to my last analysis. From here, the price is more likely to further mitigate the original bullish order block at 6.50 than to make a bullish move. If price breaks the low at 7.03, we could see a confirmation on the Wyckoff re-distribution schematic started in Oct 23.by Keeleytwj2
NIO - Building Phase1 baseNeeds to breakout of the range at 10 and hold 9.50 again for push to 14 and perhaps 21. Volume profile looks constructive for continuation. Real action will be above 10. Disclosure: I am long from 8.0 on a half position. Will wait for breakout above 10 for full position Longby CheelooTraderUpdated 6
NIO drop and possible bounceNIO is having a bad day on Honk Kong market losing 5% I think today will open very low on US too Possible bouce near 7,60$ supportby balinorUpdated 7
$NIO SHORT I can see NYSE:NIO touching this major area of $7.03 before making a possible reversal. Shortby D-K-B_GlobalTradingHouse0
NIO Analysisrice played out nicely as analyzed last week, giving us a -14.77% move to the downside. From here, I'm expecting price to make a bullish move, potentially to fill the FVG at 9.91 since we are currently at the discount array, and mitigating the bullish OB at 7.92.by Keeleytwj113