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.
NIO trade ideas
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
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.
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
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$ support
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.
Enter Nio Longobserving the following chart attached I have the four hour timeframe each candle representing FOUR HOURS of price action, red for bearish, green for bullish.we hit a low of 7.09 on dec 13 2023, hit a high of $9.00 on Dec 18, 2023.Price continued to hit a higher low of 7.92 on Dec 20, 2023, price hit a higher high on dec 26,2023 at a high of 9.43 and currently we have short term bearish momentum in play. Considering Nio having so many shares outstanding versus the amount of shares held or float, expect volatility to be high. If at any time before December ends or even a few weeks into January price were to drop down and find support at 8.43, which i believe is a key SUPPORT or a price were buyers will step in and buy because they think its cheap. Abu dhabis recent investment of 2.2B into Nio could be that support over the $8 price range.
On the right side we have the weekly timeframe and price has support around the low 7s. We've got 4 consecutive green bullish candles allowing us for entry, Price target of resistance needed for next price target 10.09.Mon June 26 2023 was the last time the price was around 10.09 and went up.
Im using the 9 day and 30 day moving averages as my indicators to the rightand if you were to add a volume weighted average price indicator would back up the chart to the left at any sign of support at the price mentioned above $8.43USD.
NIO: Important reaction at support level! But be careful - D & WNIO shares reached our first target of $9.22, set in our last public study, the link to which is below this analysis, as always.
We now see a correction down to the 21 EMA, which is to be expected, given that it has just hit a target. In addition, we see a reaction in the price, which could be a bottoming signal if confirmed. Such a reaction makes sense, since the medium-term trend on the daily chart is bullish, and the reasons are simple: 1) The price has been making HH/HL since its last bottom on December 12; 2) The price is above the 21 EMA, which is rising.
I said in my last analysis that swing trades with a focus on the medium term are technically plausible, and that's still true, but remember that all caution is needed, as the weekly chart is still in a downtrend, and this week's candlestick is a reminder of this.
If the price closes below the average on the weekly chart, we could see another top signal, suggesting further bearish continuation for NIO shares. In any case, I see $7 as the main support point, both in the long and medium term.
We see that NIO is trading around a critical point, near mid-term support levels and long-term resistance levels. Whichh one will prevail? It is too soon to tell, we need to see a clear breakout to confirm any thesis. I’ll keep you updated on this, so remember to follow me to keep in touch with my daily analysis, and support this idea, if it helped you.
All the best,
Nathan.
NIO- Long term BuyHello Traders!
Expecting NIO to mimic the previous movement in the green box which represents our demand area especially that the price started rising in a curve pattern when it reached the support area ... the trade will take time. initial target is marked at the chart.... investors can hold to 20
Good luck
Very basic understanding of support and resistance areas (2 min)In trading, support and resistance are key concepts that help traders analyze price movements and make informed decisions. Here's a basic explanation:
Support:
Definition: Support is a price level at which a financial instrument (like a stock, currency pair, or commodity) tends to stop falling and may even bounce back up due to buyers.
Analogy: Think of support like a floor that prevents the price from falling further. It's a level where buyers are more inclined to enter the market, seeing the current price as attractive.
Resistance:
Definition: Resistance is a price level at which a financial instrument tends to stop rising and may face difficulty moving higher due to seller pressure.
Analogy: Picture resistance as a ceiling that prevents the price from going higher. It's a level where sellers may be more active, considering the current price as too high.
In summary, support and resistance are like psychological levels in the market where buying and selling interest tends to cluster. Traders use these levels to make decisions about when to enter or exit trades, set stop-loss orders, or identify potential trend reversals. When the price approaches support, traders may look for buying opportunities, while at resistance, they may consider selling or taking profits.
NIO long above $10 psych NYSE:NIO bull flag breakout on 1D, broke out of downtrend channel. Failed to break out past &, now looking to re-test. Above 9.54 looks good for leaps past $10. Eyeing May calls and shares in this spot. Stop loss below $8 on shares.
Rounding bottom formed and in tact above 10.15 area
NIO AnalysisPrice consolidated since my last analysis. No changes to my expectations, I'm expecting price to continue higher into the FVG at 9.91 next. Since there is a FVG at 8.61 not filled yet, price could potentially fill that first before going higher, in confluence with price currently being in the premium level of the PD array.
Bear Flag Forming - 1HR Time FrameNIO is forming a bear flag on the daily time frame. Solid support at $8.88(also the 50 moving average), but once support is broken it becomes resistance. If NIO doesn't hold $8.48 to fill the gap.
NIO Inc. (NIO) - Bullish Price Action AnalysisNIO Inc. (NIO) - Bullish Price Action Analysis
Date: 28 Dec 2023
Overview: NIO Inc. (NIO), known for its electric vehicle manufacturing, is currently displaying a bullish trend in the market. This analysis explores the potential upward movement with defined target and stop loss levels.
Current Market Observations:
Trend Analysis: NIO has been showing a strong bullish trend, higher highs and higher lows, breakout from a consolidation pattern.
Supporting Indicators: The bullish outlook is further supported by moving averages, RSI, MACD which indicate continued positive momentum.
Trading Strategy:
Target Price: Target price $10.93
Stop Loss: Set at $8.83
$NIO potential double bottom in value areaNIO high time frames look to be putting in a double bottom at the .886 fib node, considered to be a deep value area.
Monthly bullish engulfing candle if it closes around here on Friday.
Invalidation could be multiple weekly candle closures below $8.38, low from Oct ‘22, would let this run potentially to $20 region if it really gets going.
NIO AnalysisPrice took quite a while to play out nicely as my last analysis, giving us a +24.23% move. The target for this move is to fill the fair value gap at 9.91. From there, we will see how price reacts to the level, but most likely a bearish retracement back into the discount level next.
NIO Stock Pops After NIO Day 2023, ET9 LaunchNio (NYSE: NYSE:NIO ) shares rose after the Chinese electric vehicle (EV) maker unveiled its ET9 car at its Nio Day 2023 event.
The ET9 is described as an “executive sedan” and includes a self-driving chip with circuit lines just 5 nanometers apart. The price is estimated at $112,160. The car also features a lightweight chassis and a faster charging battery, the company said.
NYSE:NIO stock rose 11% Tuesday December. its market capitalization rising to $15.75 billion.
Technical Analysis
NYSE:NIO has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term. RSI diverges positively against the price, which indicates a possibility for a reaction up.
NIO Long Bull expanding Wedge on 15 minute chart
looking for a 10 dollar target
9.14 for the stop loss
entry at current price
NIO 9.50 THEN 10 THEN 11 LONG Trading Idea for NIO Inc. (NIO):
Long Position:
Key Points:
Electric Vehicle (EV) Growth: NIO is a key player in the electric vehicle market, and the global shift towards electric transportation provides a favorable backdrop for the company. Growing awareness of sustainability and government incentives can drive increased demand for NIO's electric vehicles.
Market Expansion: NIO's expansion beyond the Chinese market and its efforts to enter international markets, particularly in Europe, could open up new revenue streams. Positive developments in international expansion plans may boost investor confidence.
Innovative Technology: NIO's focus on innovation, including battery technology and autonomous driving features, positions the company competitively in the EV space. Positive advancements in technology may attract investors seeking exposure to cutting-edge developments.
Battery-as-a-Service (BaaS) Model: NIO's unique Battery-as-a-Service model, allowing customers to purchase electric vehicles without the battery, could appeal to cost-conscious consumers and potentially expand NIO's market share.
NIO: A Stellar Investment for the FutureNYSE:NIO , a global leader in battery swapping for electric vehicles, is poised for immense growth in the years to come. With its innovative battery swapping technology, expanding global presence, and decent financials, NIO is a compelling investment opportunity for those seeking long-term returns.
NIO's Battery Swapping Advantage:
NIO's proprietary battery swapping technology offers several key advantages over traditional charging methods. Drivers can swap their depleted batteries for fully charged ones in as little as five minutes, eliminating the inconvenience of extended charging times. This efficiency is particularly attractive for urban commuters and drivers who prioritize convenience.
Expanding Global Reach:
NIO has established a strong foothold in China and is actively expanding its presence into new markets, including Europe and North America. This global expansion strategy will expose NIO to a wider customer base and drive significant revenue growth.
Decent Financials:
NIO's financial position is sound, with strong revenue growth and a manageable debt load. This financial profile demonstrates the company's ability to execute its growth plans and invest in its future.
Investing in NIO for the Future:
NIO's unique battery swapping technology, expanding global presence, and strong financials make it a compelling investment opportunity for those seeking long-term returns. As the demand for electric vehicles continues to surge, NIO is well-positioned to capture a significant market share and deliver substantial shareholder value.
NIO: $4.30 | something under the radar yet sexythe cap is prime
yet the volume or turnover is that of whales positioning for the next 3 to 5 year playout
just piggy backing or maybe taking the lead in china markets electric vehicles
2018 annual report crystallizing this year 2020
annualreports.com
