CUP and HANDLE BREAKOUTNIO is on the verge of a cup and handle breakout. Handle formation is almost over. Target price $36.5 on breakout of handle.
NIO trade ideas
NIO - The Top is in. Lower Prices AheadTo no surprise NIO like most of equities is vulnerable to the increasing pressures of inflation and the feds responsibility interest rate hikes.
Technically we see NIO is a BEAR FLAG structure right at the $20 Key Level
Making NIO more interesting is that this structure is formed with LESS participation on the second attempt at $20
Meaning NIO made a HH (Higher High) with LESS participation, So... we have a M top inside a bear flag
We love seeing these patterns as it brings confluence to much lower prices.
Ideally we would like to see the market open Tuesday Strong then position in NIO for additional confirmation however NIO is a sell NOW.
We have positions open and running so we are going to wait on ideal to enter.
Price targets on NIO would be a 3 Month contract down to $10/11 or 50% off.
NIO AnalysisPrice has been doing exactly as analyzed last week. Price is on a downtrend, expecting the price to hit the bullish POI. Here we are at the bullish POI. Volume is decreasing as price mitigates this bullish POI. I'm expecting a further down move as the price took liquidity at 21.80 and has been breaking structure to the downside. Target for this downtrend should be the lows at 15.84
$NIO with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $NIO after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
UPDATE #3 When will NIO finally get going?I've been playing with NIO for almost a year now and seemingly very familiar with it's predictability. I haven't moved any of my lines on the charting above from the initial June post, just added in a few directional guesstimates (depending on good earnings). We broke below what initially appeared to be an ascending triangle, continuing to support my idea of a small entry at $17 and a few more nibbles down into $16
$NIO 1D ANALYSIS!Possible Cup & Handle on 1D & Bull Flag on 4HR that can cause NIO to move $4-$12.65! Price is also entering The Golden Zone (0.5/0.618) on the Fib Retracement. I'm looking for buying opportunity in this area & Call Options as well to swing & add more after the breakout!
$NIO - DOUBLE TOP $9.44 first Price TargetNio is still in a strong down trend channel with a major gap at around $9.44. A double top formation has recently formed and price rejected at top of channel. Expect to head lower in the channel.
$NIO Good Risk/Reward HereLow risk entry we are getting in $NIO. Next week could be volatile due to FED's decision. So, this will be a trade to bet on a bullish move for the markets and if not, the stock price can turn south very quickly. I am on this trade.
NIO NEXT BULLISH MOVENIO has been on a bullish move since its all-time low ($1.19) in Sep-2019 to its all-time high ($66.9) in Jan-2021. The monthly chart shows that the price made a 1 - 2 wave movement. 2 making a deep 0.791 retracement of 1.
On the Weekly (supercycle) chart wave 1 can be seen making a 5 wave movement then a ABC correction with wave B retracing to 0.66 of A making it a zigzag correction with an expected 5-3-5 move.
On the daily chart we can clearly see the 5-3-5 wave correction. Wave C created a 5 wave move convergence proposing the end of the ABC zigzag correction
On the 4H chart the 5th wave of C also converged with another 5 waves shown in purple. Now that we have 5 waves upon 5 waves we are expecting a new grand super-cycle bullish move. We can see that we have just completed a 5 wave move forming a grand super cycle 1. The price is expected to retrace to 0.791 where we find using smart money concepts a breaker and an imbalance where price might retrace to and turn bullish. Projected buy entry would be at $15.00 being a key level entry inside the zone.
In terms of harmonics we can clearly see the chart slowly creating a bat pattern with an expected shallow C retracement of 0.786 or 0.886 before the move up.
In terms of targets the first target would be the 1.618 of wave 1 which is $31.78.
The next target would be the end of the harmonic pattern at D which is $40.64.
NIO AnalysisPrice is playing out exactly as analyzed last week. Price is on a downtrend, expecting price to hit the bullish POI before we make any decision. We could see price taking out the sell-side liquidity to continue with the downtrend.
Nio - Garbage stockI continue to be short Nio - the little garbage stock till the 18s this week... I expect a little bounce around 18.80/ 18.85 till that finally breaks but I do not expect that to happen just yet, when it does though, that has plenty of downside. Stay turned. More downside coming this week for things.... In the event NIO holds the 20.77 and makes it way back to 22.80s, I expect a full rejection there and just be a little more patient for the 18s to be showing up. They are on their way.
NIO - Bearflagging in the key zone
Rejected VMA at 24 and now showing signs of bearflag on daily.
Early to call, but any push above hear and below VMA (black line) should be treated with skepticism. In fact, it'd be a good spot to short with the S/L just overhead at VMA
If it can close above VMA, then watch for continuation to 30-32 before pullback.
Disclosure: I am long at 20.90, will give it a couple of days with breakeven stop loss if the pricer moves higher or 20.50; whichever hits earler.
$NIO a technical blessing 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Chinese Electric Vehicle company $NIO today at $22.50 per share. Our first take profit is set at $27.50. We also have a stop loss at $21.
OUR ENTRY: $22.50
FIRST TAKE PROFIT: $27.50
STOP LOSS: $21
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$Nio #breakout #fintwit#Nio Breakout 🚀 in 1h Chart - Target 29$ 🧲
All Entry Criteria have been met:
1. Price above 10, 20 & 50 EMA ✅
2. Positive Supertrend in 4H Chart ✅
2. Consolidation Phase in Uptrend > 8 days ✅
3. Breakout on above average Volume ✅
NIO AnalysisPrice is on an uptrend. Price has taken liquidity above 23.98. Expect price to retrace down to bullish POI.
Update on NIO LONG, locking in my entry pointaccording to my two previous plots, I'm still seeing mid August for my entry at $16-$17 unless NIO decides to grab on to the blue dashed trend line later in July where I'd then be looking considering my first small entry at $20-$21
Cup and Handle With Trendline if you zoom out you will see the cup and handle that is forming and withing the past month we have been trading in this upwards trend if we can break the resistance at 27.50 Nio has possiblity to moon
NIO 6/16/2022NIO Daily chart analysis
Enter the matrix, this NIO is not the “one”.
NIO had its fun moving upwards. The Uptrend started Jun.’20 at around 4.00 and continued moving upwards reaching 55.00 by Nov.’20 all while respecting the 50ema.
By Dec.’20, price made a sharp drop and fell to 39. It was caught by 50ema where it rebounded, and price broke out and moved above 55 to all time highs.
Unfortunately, price was unable to hold the breakout and on Feb’21, it fell back below 55 and closed below the 50ema. This deemed the breakout move a “false breakout” and close below 50ema signaled the possible end of the uptrend.
After closing below 50ema, price fell to 34 where it found support. It bounced back above 50ema and retested 55 but failed to make a higher high. Price was shot back down to support at 34.
Price has officially lost the uptrend and has entered a sideways market between 34-55.
After landing at support area of 34, price makes a move upwards but fails and now makes lower high. We now see buyer weakness with lower highs into support area at 34.
Dec.’21, price breaks down from support at 34 and sideways range can now be labeled a Distribution stage.
Price now looks to start Downtrend.
We also see a Death cross with 50ema crossing under 200ema. This signals the bearish conditions in the market
Jan.’22 price enters downtrend and moves from 34 to 13 all while respecting the 50ema.
We then have a pullback to the 50ema which is acting as Dynamic resistance.
To go along with this pullback, we have an overbought Stochastic signal. This was cue to enter trade short.
After that short entry, price proceeds to move down to 11.72.
It has since pulled back to Dynamic Resistance and its currently where we find ourselves.
We also have an overbought Stochastic signal. This is my cue to enter trade short
Confirmed Downtrend + Pullback to resistance + Overbought stochastic = Short entry
Entering trade short
Entry: 19.18
Stop Loss: 22.78
Target: 11.78, +39.06%, 2.19 RR ratio
NIO BULLISH SCENARIOHey everyone. This is my first time doing any TA at all so I am open to any and all advice
It looks like Nio has filled its previous gap and bounced off of support at $20.52. If this support is held today, Then I believe we will see an upward movement towards $23.96 with a price target of $26.22
NIO - Adam & Eve bullish breakupAdam and Eve (A&E) is a kind of "double bottom" pattern, a potentially bullish reversal signal.
NIO broke out of the A&E patten today on a strong gap, increasing it's odds that the trend has reversed (to the upside) and is likely to follow thru in the medium term. Near term pullback possible (and could present opportunity to long at lower risk) but unlikely to close this gap soon.
Expect some consolidation as it hit into resistences on the way up.
Theoretical target for such a pattern is around $32. Let's see if it will work out (manage positions with trailing stops).
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NIO- Setting up to rally? **UPDATE**on June 22 I posted "closed positions around $17.50 since at that time I wasn't seeing the bottom. Now we're at $22. Wanted to see what this community was thinking in regards to this running down to fill the lower gap and then a rally to fill in the upper gap?"
Today I wanted to revisit this after some thought and figured Id ask you all for your thoughts. Rather than telling me that I don't know what I'm doing, Id much rater recieve real constructive feedback since I am still very new to this.
Im seeing an Inverse Head and Shoulders pattern setting up out to end of August but for the near term July, Im still seeing the Ascending Triangle. According to the Ascending Triangle, it broke my resistance line on Friday.
Im Bullish on NIO long term
Again- Im still new at charting, so would appreciate any help or feedback on what I may be doing correctly, to incorrectly.
