$NIO - VERY BEARISH - Overbought Weekly, Downward Channel intactGreat short opportunity as the weekly chart shows that last week, it has rejected again its top of the channel while in Scholastic RSI overbought territory. Heading lower.
9866 trade ideas
$NIO - chart requestSomeone asked a question about nio - so here is my chart.
The first move up off the low set on 5/13 was clearly an impulse - that tells us that likely wave 2 bottom was in back at the 50% retracement. I believe that's what the question was about - when wave II bottomed. Even though the correction off ATH's isnt the cleanest to count - we look at the next move and clearly it is an Impulsive move - not corrective - and that tells us bottom is likely in. Late last week dark pools started to buy at 38 a share- when you see that and it was obviously a buy and not a sell (it because support vs it being resistance) then we know even institutions are jumping on board - so get ready for next move up. I think NIO crosses 44-45 sometime next couple weeks
NIO LONGHi guys! Sharing my thoughts on NIO .
Long term investment based on technical analysis ( SUPPORT, RESISTANCE, FIBONACCI TOOLS and RETRACEMENTS, ELLIOTT WAVES THEORY)
I target the prices with a purple line .
Have a nice day everyone !!! Good luck !!!
NIO : Correction is happening. NIO uptrend reach our first checkpoint 42$ mark and now it doing some correction around 38$-44$ mark. After finishing this correction 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 :)
NIO W | Descending Triangle Breakout IncomingSet alerts on break of the trendline on both the up and lower trendline of this triangle.
The event catalyst to watch is NIO day on Dec 18. Think we see a rally before the event.
Nio Analysis 24.11.2021Hello 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.
Thank you for watching and I will see you tomorrow!
NIO could break the downtrend line upwards NIO has been in a decreasing trend since the beginning of the year, which has been confirmed with a couple of bounces. Nevertheless, chances are that the price of these shares break this trend line and starts increasing, having as a first objective attaining $49-50 per share.
The MACD indicator is right now pointing upwards, which means that the two lines that provide its signals could cross in the following trading sessions, providing a more clear buying signal to the market. Therefore, we will be waiting for a breakout signal.
On the other hand, whether the downtrend continues, a triangle figure could end up being created.
$NIO | 11/25 | Watchlist #2 $NVDA +$43
(Over $43 for calls)
Price targets: $44, $44.8
Technical analysis:
- Cup and handle on the hourly chart
NIOLooks really nice !!
Not much else to say after that. Chart up volume is steady.
Team Green Earth lol.
Thanks
Kaz
Nio~nio looks to be in the midst of completing this very long phase of consolidation \ accumulation.
currently above ichimoku cloud and poised for a breakout.
i've counted it as an abcde \ triangle for the primary wave 4.
if it breaks out of this triangle, catch the bullish retest of it, and let it ride.
upside target is hard to calculate for something that went this parabolic, but i'd give it $100+ at the minimum.
----
update to:
NIO to $107NIO is up for another strong Q4 in terms of price action. Q4 2020 was pretty sweet for NIO investors as price rose from around $20 to the high 60's. NIO has been forming a triangle pattern since the beggining of 2021 and is about to break it within the next 1-2 months, likely continuing the trend to the upside. Also, price perfectly respects fibonacci levels, with the bottom being $1.19 in March 2020 and the top being $67 in January 2021. I think we can expect price to reach the 1.618 fib level of around $107 sometime in Q1/Q2 2022.
Still it is important to consider the current uncertainty in chinese stocks. But with the EV space blossoming and TSLA leading the way with positive price action, my medium term price target for NIO is in the low 100's
Thanks for reading.
Not financial advice, dyor.
NIO: The No Longer TSLA Sympathy PlayCan't put my finger on NIO. Money that last year would've gone to it as a sympahty TSLA play have move to Rivian and Lucid. I loved this name and felt like $55 was happening. I took some off at a 15% loss as I don't like it unless it gets through $40 and $44 ultimately.
$NIO | WEEKLY WATCHLIST 11/22After patiently waiting months for the chart to develop, I finally pulled the trigger to enter last week. It is CRITICAL that we hold this $37 region, otherwise I will have to re-adjust my count. Looking for major targets at $48.56 and $57+ above.
Weekly Descending Triangle Possible breakout is near. Watching it closely for a long term swing espcially with the current EV hype. Always do your dd and be careful
shuffleits look like NIO about to shuffle until 08.12.21 because of the support line
and then go up
Maybe it's an opportunity.
Long | NIO | Intraday | 11/2/2021NYSE:NIO
Possible Scenario: LONG
Evidence: Price Action
Entry point: buy order : 40.35$
TP1: 41.5$
TP2: 42.5$
TP3: 44.5$
Call options, Strike 41$, 11/05/2021
Call options, Strike 42$, 11/05/2021 500 Contract at 44$ cost is 25k and profit is 100k,
Call options, Strike 43$, 11/05/2021
*This is my idea and could be wrong 100%
NIO Inc has a nice cup and handle setup forming on the 6HBack in mid Oct I was able to nail that reversal break. I jumped and grabbed some NIO myself at that time. For those who don't know NIO (stock) is a Chinese car manufacturer also known to be called 'The Tesla of China'. It for sure is one to watch. It would appear now on the 6H NIO has formed a nice looking cup of a cup and handle patter. I have the projection area marked as to what I would like to see from the handle part of the pattern. Trying to find a good candle confirmation to get in... but I might have to wait on Monday.. havnt decided yet.. Anyway, be sure to keep an eye on this one. Big things in the long term.
NIO quick updatefollowing in the footsteps of AMRS along with AMC
i hope this helps you and your own perespective on what this asset is doing from a chart perspective
thank you for your time
Rigo
Fully BakedI entered another position on NIO today. I expect this to be a runner in the coming weeks. Target is $60 for now.
NIO, head and shoulder patternThe Price formed the bearish head and shoulder pattern. RSI is in the bearish area, below 50 on 1 day time frame
