Can NIO deliver a short term win?Rising RSI, Short term wedge, Safe distance between break out and major resistance line. I'll take this bet with a tight stop below the 2020 support line.
0A1K trade ideas
NIO: Next KEY SUPPORT/RESISTANCE levels to watch! 👀• NIO is in a short-term bear trend, but it just hit a support level, and it is reacting;
• The support at $9.53 (red line) is our key point. This is the third time NIO hit this line, and in order to resume the bear trend, it has to break it as soon as possible;
• If NIO bounces again, there’s a clear resistance level around the purple line – a trend line connecting the previous top levels;
• As long as NIO remains between these key points, the bear trend won’t continue or reverse;
• Let’s keep our eyes open for a breakout. I’ll keep you updated on this.
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NIO: Triggered our Bearish Flag! 🐻 What to expect next?• NIO triggered our Bearish Flag chart pattern, indicating a continuation of the bearish sentiment;
• We studied this scenario in our previous public analysis on NIO – link below this post;
• In the daily chart, the 21 ema is working as a resistance, and it is pointing down, which reinforces the idea of a bearish sentiment;
• What’s the next technical support level for NIO? The purple trend line in the weekly chart. Below that point, the $5.70;
• Could NIO react from here? Yes, and if it is about to react, the timing couldn’t be better. NIO is near the weekly support at $9.40 (black line, weekly chart), and any bottom sign would indicate a possible bounce to the 21 ema again. However, there's not a single bullish sign on NIO yet;
• I’ll keep you updated on this.
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NIO PENDING REVERSAL (UPDATE)DESCRIPTION: In the chart above I have provided a macro analysis update for my previous prediction for NIO.
POINTS:
1. Adjusted pockets for SUPPLY & DEMAND: 1ST LEVEL = $14 - $24 & 2ND LEVEL = $33 - $43.
2. SUPPLY & DEMAND POCKETS do in fact show a common deviation of 10 points of spread.
3. Current $9.50 is serving as CRITICAL SUPPORT that is broken would invalidate entire setup.
4. If we come to see a continuation of this sideways consolidation between $9.50 & $14 price action will begin to squeeze for bullish divergence.
5. More than covered gap from early July 2020.
Scenario #1: Bullish scenario can mean we see price action move into 1ST LEVEL SUPPLY & DEMAND ZONE as we invalidate bearish trend.
Scenario #2: Bearish scenario can mean we break below our critical support of $9.50 and fall to $6.00.
NYSE:NIO
Possible short term rise?Looking at the recent fall, I've found a possible trade, closing at 13 and 16.50 if the resistance was broken.
NIO 2/17 10PWait it pops to resistane level 12 to entry puts.
fundamental: EV sector will tank with tsla, a chinese ev NIO, another penny stock in the near future.
NOT only NIO, also LI, XPEV. plus china subsidy will end by the end of 2022.
technial: a bearish flag on daily chart, first target 10
market: 12/26 market close, 1/2 market close. do you think market will bounce hardly during the holiday season?
NIO - Bearish Momentum on D-ChartBearish Pattern: Ascending broadening wedge is forming. If it breaks the lower line of the wedge, then it will be the continuation of the bearish trend.
NIO: Be careful with this BEARISH FLAG!• NIO is trading around the support level of a Bearish Flag chart pattern;
• Yesterday, it tried to trigger the pattern, but in the end, it did a bullish reaction and it stabilized around the trend line;
• If NIO triggers this flag, the bear trend will resume and the technical target of this pattern is around $5;
• In order to avoid this bearish scenario, NIO has to react as soon as possible, and stays inside the Bearish Flag again. This would indicate another bounce, possibly to the $14 again;
• Either way, we’ll have our answer soon. I’ll keep you updated.
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NIO respecting the trendline!I think we can see some mean regression in the next week. If NIO can break the resistance band at $15 we will see a rally to $20 as per deutsche banks predictions.
If not we can expect the downtrend to continue to $9.
If it reaches as low as $5-7 I will be scooping up a lot.
Good luck.
(Disclaimer : Not financial advice)
NIO AnalysisPrice broke market structure to the downside, filling the fair value gap at 11.34. Price doesn't seem to be making any change of character and I'm expecting price to take out the sell-side liquidity built a few weeks back, and potentially to mitigate the bullish POI at 7.90.
NIO still in downtrendI've had this trendline drawn for quite some time now. With China's strict covid policies still in place and econ future uncertain, i will not suggest opening a long position in NIO until it breaks this trend on volume.
Deutsche Bank says buy Nio, predicts shares can rally more than 70% as delivery volumes speed up
NIO: Just hit a SUPPORT! What to expect from here?• Since it hit our resistance at $14, NIO has been correcting. This no surprise, as this is a critical key point for the stock, as we mentioned in our previous analysis, last week (link below this post);
• Now, NIO hit a support level, the 21 ema in the daily chart;
• Any bullish reaction above the 21 ema could mean a bounce to $14 again. NIO could even break this resistance;
• Although the daily chart looks bullish, as NIO is doing higher highs/lows, the long-term sentiment is still bearish. Only if NIO breaks the $14 it’ll trigger a bullish reversal structure in the long-term – therefore, watch this line carefully;
• On the other hand, if it triggers this Bearish Flag downwards, it would just resume the long-term bear trend, and the next stop is around $5;
• Regardless of what happens, NIO has plenty of potential (to the upside and downside), but it has to break its key resistance or trigger its main bearish pattern in order to do something good. I’ll keep you updated on this, as usual.
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NIO: Waiting on the Bottom for EVsThis is not actually a bottom starting yet. NIO needs to show some up and down sideways action that holds above the low of 8.40. But it is at strong support level from its IPO sideways pattern from 2018. This is a weekly chart so you can see that long-term support, which is both fundamental and technical.
For ALL Electric Vehicle manufacturers, 2023 may possibly be that big growth year. It is important to keep an eye on all new technologies because when the Post-pandemic Renaissance really takes off, the speed at which EV dominates will probably surprise most people.
The top 3 EV companies, Top 3 Semi-conductor companies for EV, the Top 3 companies for major components like solid state batteries, the Top component manufacturers for sensors, etc. are all up for grabs. Nobody has the lead right now.
It is all about who can convert to robots and robotics faster and who incorporates solid state batteries and other component integration to meet demand. Don't worry about charging stations. Those are already being built and incorporated into gas stations everywhere, corporate offices and public transportation.
NIO AnalysisPrice is building a short term buy-side liquidity. Price is also on a short-term uptrend. I'm expecting price to continue higher, at least to mitigate the bearish POI at 16.88 before going down to take the sell-side liquidity, and to mitigate the bullish POI at 7.90.
$NIO - BEARISH Flag SetupA major bear flag is setting up, with decreasing volume and bearish divergence on the stoch rsi. Also a gap that needs to be filled at around $5
NIO pre market update for 12/13Sell this back into the precious gap around 12.70.
Should have another bounce there!
Expecting NIO to surge to above $15 in the coming week...Long the PI** out of this!
I told you about how to look for order blocks in a previous video. I have identified unbalanced order blocks and price currently (pre-market) is PERFECTLY positioned for some CALL options! (See my linked idea about how to spot market imbalance zones to verify order blocks)
LETS MAKE SOME MONEY!!!
$NIO Pending Reversal On Down Trend?In the chart I have provided an analysis on the following points:
1. Confirmed Supply & Demand Pockets (Total of 2).
2. If side movement continues past February 28th chart would be invalidated.
3. Break above $20 would confirm break of downward trend & place us in supply territory for Fibonacci.
NIO Inc. Options Ahead of EarningsIf you haven`t bought the $15 strike puts when i wrote you this article, which are trading now at $3.50 from $1.14:
Then you should know that looking at the NIO Inc. options chain ahead of earnings, i would buy the $12.5 strike price Calls with
2022-11-18 expiration date for about
$0.38 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Bear flag, Head and shoulder and shrinking volumeLarge bearish flags, head and shoulders, and reduced volume all point to a drop in nio's price.
tp 8
NIO: You must be aware of this KEY POINT! [Trend Analysis].• NIO is still trapped inside a Bearish Flag chart pattern, which we already mentioned in my previous analysis (link below this post);
• In theory, this is a continuation pattern, and since the long-term bias is bearish, NIO would trigger it downwards and seek the next target around $5;
• What’s more, NIO is quite close to the 21 ema in the weekly chart, another resistance level, and doing a Hanging Man candlestick pattern (so far);
• However, in the daily chart, the trend is bullish now, as NIO is doing higher highs/lows and it is above the 21 ema (which is pointing upwards);
• If NIO triggers another bullish pivot point by breaking the $14 area, it will probably break this Flag upwards, and in this scenario, the next resistance around $21 becomes the target;
• Therefore, the $14 is the key point here. It all depends on how NIO will react near this price level. I’ll keep you updated on this.
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Still not a good time to buy,but there is always a dip right?Simply put , According to crocobot we are still struggling below limbo zone and no long position can be advise at this point.
Next earning which coincides with an important Fib time zone got to open up a window to get in long at arround 4.2
