NIO (NIO): High Risk, High Reward - do-or-die!NIO, a stock we've previously analyzed and profited from, remains highly volatile and is currently trending downwards. From its all-time high of approximately $67, it has plummeted to $5.21. This drastic decline occurred over just a bit more than three years, which is relatively short in the stock market.
Several factors contribute to this volatility. Firstly, the automotive sector is inherently volatile. Additionally, the electric vehicle (EV) segment has faced political challenges over the past few years. NIO, being a Chinese company, has also been affected by EU subsidies for electric vehicles, adding to the stock's difficulties.
Despite these challenges, we consider NIO a compelling investment from both a fundamental and technical perspective. Currently, NIO is holding the High-Volume-Node Point-of-Control on the New York Stock Exchange, suggesting that a bottom may be forming. This level is critical to watch as it could indicate potential stabilization and a reversal point for the stock.
Short-Term Analysis
Examining the 4-hour chart for NIO, we observe a low-volume node between $6.32 and $7. Whenever the price entered this zone, it quickly moved through it, indicating the nearest possible resistance levels. Thus, the levels of $6.32 and $7.04 are particularly interesting.
Around $4.12, the Point-of-Control on the 3-day chart holds, but we could see a further decline towards the $3 mark. We are considering multiple entry points, employing a dollar-cost averaging strategy down towards the all-time low of $1.19.
Strategy
For NIO, this seems like a do-or-die situation. The potential upside is significant, with gains of nearly 400% if the price moves from $3 to Wave 4. We plan to place multiple entries and dollar-cost average downwards.
However, if the price falls below $1.20, it would become unsustainable for NIO. While the potential upside is vast, it's important to recognize the risk of the stock continuing to decline towards zero.
Given the current volatility, we find an entry before $3 too risky and volatile, so we are holding off on investment until the price stabilizes at more attractive levels.
0A1K trade ideas
6/5/24 - $nio - tough sector, tough geo, tough chart. sidelines.6/5/24 - vrockstar - NYSE:NIO - just tough to justify 1-2 bn of burn even if co is net cash. sales trends not obvious and seem to have considerable competition esp from BYD (look at that chart!) and others esp in their low margin home market. the chart is death. probably will be volatile but as a trading stock only for now - hard to own profitable chinese tech nevermind cap intensive, cash burning, losing-scale stuff like $nio. gl to holders but i'm just going to watch this from the sidelines - i'd stay away until the dust clears and we have a clear rising tide in chinese equities
NIO 8 AFTER EARNINGS !! NYSE:NIO
Record Delivery Expectations: NIO shares soared over 9%, hitting $5.40 on record delivery expectations. Analysts foresee surpassing last year's high due to discounts. This indicates a positive market response to NIO's potential performance, which could lead to a higher stock price.
Market Sentiment: The market's response to NIO's earnings reports has generally been positive, with the stock price rising after strong earnings reports. This suggests that if NIO continues to report strong earnings, the market could respond positively, potentially pushing the stock price towards $8.
Strong Quarterly Earnings: NIO has shown strong financial performance in the recent past, with its stock price rising after reporting strong earnings. This indicates a positive market response to its financial performance, which could lead to a higher stock price in the future.
Increased Price Targets by Analysts: Analysts have increased their price targets for NIO, with some predicting a potential rise to $8. These optimistic forecasts suggest that the market and analysts have confidence in the company's future growth and performance.
Positive Industry Outlook: The electric vehicle industry is expected to continue growing, driven by the increasing need for sustainable transportation solutions. As a leading player in this space, NIO is well-positioned to benefit from this industry growth, which could lead to a higher stock price.
Innovative Product Line: NIO is poised to add two sedans to its offerings this year. This expansion of its product line could drive sales and revenue growth, potentially leading to a higher stock price.
NIO Shares Surged Over 9% on Sales Growth ExpectationsNIO Shares Surged Over 9% on Sales Growth Expectations
As evidenced by the NIO stock price chart, yesterday's trading closed at $4.93, while today the NIO share price is around $5.40, indicating an increase of over 9%.
According to MarketWatch, the rise is driven by expectations that the Chinese electric vehicle manufacturer's deliveries are likely to reach record levels.
The existing record was set in July last year when the company achieved monthly sales of 20,462 cars. However, analysts believe this result could be surpassed in May this year due to ongoing discounts on new cars and batteries.
The daily chart of NIO shares today shows that the price is in a long-term downtrend (indicated by the red trend channel) due to the global decline in demand for electric vehicles.
However, there are fundamental reasons to expect that the downward trend will be broken:
→ China is intensifying its efforts to develop electric vehicles – the State Council has presented an action plan for decarbonisation.
→ This month, the International Monetary Fund raised its forecast for China's economic growth in 2024 from 4.6% to 5%.
Technical analysis of the NIO stock chart shows that:
→ The price is in a downtrend and below the median line, which can be expected to provide resistance.
→ Resistance may also be encountered at the $7 per share level, which acted as support at the end of 2023.
→ The $4.77 level has changed its role several times but has provided support over the past 10 days, giving the bulls a foothold.
→ The minimum C is at the 50% level of the A→B impulse, which is a sign of a bull market.
On June 6, NIO will present its report for the first quarter of 2024. If the report is strong, it could give the bulls more confidence and lead to attempts to reverse the long-term downtrend.
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Nio EuroNio Euro EW Chartanalyse Einstieg Welle 5
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NIO Long TermCharts like this are very simple. Accumulate in the green zone consistently. Soon volume will spike and price will explode. I think the explosion will come sooner rather than later as it seems this last down move could be the potential final wash out. Either way, there will come a day when price leaves the green zone and heads towards ATH and possibly beyond. Patience will be rewarded.
Market psychology chart of $NIO stock:Current Zone: We are in the 'zone of despair,' where weak investors feel fortunate to have sold. This emotional response typically indicates a significant turning point.
Previous Activity: We successfully closed the Fair Value Gap (FVG) from July 2020, marking an optimal entry point. I anticipate the price will surge from here.
Future Outlook: I predict that NYSE:NIO could drop to $3.85 to close the gap from June 2020 and complete the falling wedge pattern. The Relative Strength Index (RSI) suggests that the falling wedge is likely to break soon. From $3.85 or this level, I see the price potentially surging upward. Should we close below this, we could be heading toward the $2.90 zone
Disclaimer: I am not a financial advisor. This analysis is for informational purposes only and should not be taken as financial advice.
May 1: Huge resistance, new low possibleNIO has rallied hard (like NASDAQ:TSLA ) reacting off the weekly order block and has arrived at an area of strong resistance. Even though it has broken out of the red declining trendline in the daily chart, it doesn't mean that it has made the ultimate bottom. It can make another connector ("the right shoulder"?) and keep extending to the downside for another leg lower like the white arrow.
Whether it would just be a shallow pullback to retest the red declining line or back down to new low is still not clear. But most likely the rally would pause and turn lower here.
I would not short it, not would I open any new longs. However, looking at NASDAQ:TSLA and the general US indices, another new low is totally possible.
NIO, doing LAST CALL for buyers at the current DISCOUNT PRICE!NIO is registering significant accumulation at the current price level. Net buy volume has increased significantly this past few days -- hinting of an incoming upside reversal.
Higher lows creation on weekly data histogram has been created -- suggesting the current price point to be the last baseline before the coming series of ascend.
The stock is currently hovering below the 78.6 FIB LEVEL -- a major order block where buyers converge. This is a discount area.
Another key note: WEEKLY DOWNTREND LINE BREAK has materialized. HUGE HINT.
Spotted at 7.00
TAYOR
Safeguard capital always.
FUNDAMENTAL NEWS:
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NIO revenue for the twelve months ending December 31, 2022 was $7.143B, a 25.97% increase year-over-year. NIO annual revenue for 2022 was $7.143B, a 25.97% increase from 2021. NIO annual revenue for 2021 was $5.671B, a 127.59% increase from 2020. NIO annual revenue for 2020 was $2.492B, a 121.68% increase from 2019.
Nio - Bottom Call confirmed Now Pullback ABC then Big Long in 3Hello guys, Nio stock looks like to me as if we have seen a first impulse to the upside.
Now we will see a ABC correction, of which we already saw wave A & B as an overshooting B.(Due to market being too bullish short term)
Expect pull back today, prepare the longs between 4.36$-4.03$
Cheerls legends
Apr 18: a bottom is likelyWeekly shows that the wxy correction has erased all RSI divergence and price also stops at the weekly "order block". A high chance that we will reverse from here. Daily shows that the last leg is likely finished with 5 waves in a C wave. A break above the red declining line will increase the odds that the bottom is in. Very likely as it coincides with the reversal in TVC:HSI (Hang Seng) index.
$NIO - $3 Price Target (Weekly Chart)Bearish Channel is intact on the Weekly Chart. Heading lower in the longer time frame with a Support Zone from 3.56 to 2.37. The mean reversion of this zone puts the price target object to around $3. Bear flags have been setup for continued downside. Short on flag resistance for continue leg down. Short at break of flags.
NIO collapsing - A very screwed up management which may goes to NIO is a good company, ruined by these two, CEO and CFO who are best friend. who kept spending money like crazy and unnecessary projects.
Not focusing on pushing for sales of the car but instead doing stupidity technology that will only drain the company cash flows.
A very screwed up management which may goes to ZERO