12 month consolidation coming to an endA year long consolidation might be coming to an end with massive upside potential. ABC Correction complete start of wave 3 to begin shortly. Could be a year long buy and hold swing trade.
NIO trade ideas
NIO Inc Bullish recovery / 1WWe've had a strong bounce off the demand area at $12.98 (0), with a weekly engulfing candle marking the bottom. This is a great indicator of a potential reversal.
Taking in count that the downtrend structure is a falling wedge, we can expect a retest of the upper trendline at $28.68 (1) followed by a price drop back down to the demand zone at $16.03 (2).
After the first impulse (1), we can expect to see what could be the formation of a W pattern, indicating a strong signal for a reversal. If we're right on this theory, we can expect a breakout to the upside, reaching the next price target at $34.57 (3) before having a brief retracement to $27.46 (4).
Finally we can expect the third wave of the newly formed uptrend to reach our third price target $46.26 (5), where strong resistance will be met due to this area being the a key Fibonacci level on the weekly chart.
===================================================================
Take profit levels {
#1 - $28.68
#2 - $34.57
#3 - $46.26
}
Potential buying levels {
#1 - < $16.03
#2 - < $27.46
}
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$NIO Key Levels, Analysis, & Targets$NIO Key Levels, Analysis, & Targets
I like NIO. I find it easy to trade, though I haven’t traded it in a few months because the down trend was too strong… and even though I do think that, ultimately it will go lower I think I’m in for a quick swing…
Swing setup
1 at 19.61
1 at 13.72
2 at 10.63
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
If all 3 hit I’d be looking for a 55% swing
And dang… I would love to load up in that gap around 9.50-10.50
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
Nio Finally Bullish? NIO
Short Term - We look to Buy a break of 23.79 (stop at 21.92)
We look for gains to be extended today. Price action has broken from the previous formation. The reaction higher is positive and highlights a clear reversal. Short term oscillators have turned positive.
Our profit targets will be 28.11 and 32.51
Resistance: 28.00 / 34.00 / 45.00
Support: 23.00 / 20.00 / 13.00
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NIO Bullish Reversal we breakout from our ascending bearish line, now we need to hold above our current support , in order to confirm this breakout, and test to level of Resistant , first around the 26.05$, and the second around the 29.70$.
a bonus in TradingView coins (up to 30$)
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NIO H & S I see an inverse H & S on the daily and hope NIO doesn't disappoint me this time. Lets see $33!!! When? Maybe some super super good delivery #'s? I'm still holding my shares and not even selling calls against them.
strategy for NIO TUESDAY 04/05/2022NIO: our bullish entry only above (24.15) next resistance (26.27) (27.52) in case of opening with a gap we would have a bullish retest.
NIO: bearish entry below (23.69) next support (22.78) in case of opening with a gap, we would have a bearish gap and go
Note: the bullish gap and go are best worked on a 5mn chart taking entry in the mv 9 period zone, or in case of a failure it is expected in the mv 20
NIO 1h wolfe wave bearishI would stick with the trend between the two solid lines unless it breaks the channel.
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
$NIO on 1HR Gap Fill Needed to Downside$NIO on 1HR Gap Fill Needed to Downside
What are your thoughts?
When do you think this will happen?
Thanks,
Kelly
NIO expected to pull back before further upsideThe overall correction is over and wave 1 in the uptrend is complete
Now a pullback to 18-20 before further upside
NIO bullish short term trendWeekly Trend
$NIO is looking bullish on the short term trend awaiting for the downtrend breakout. Looking for a rebound in a short term. Approx 2 weeks
Price action showing some divergence, with the PT of 27.50 - approx till March 24th-ish
Fundamentally, HK listing shows very strong fundamentals without any dilution on the listing.
overall trend, $NIO is still within the falling wedge trend, which is major bearish on the weekly. Long term, looking at price range entry at E1 & E2
Long Term holding Duration approx 1-2 years.
Earnings date:
March 24th
ir.nio.com
just an idea, trade safe and stick with your plan :)
Good luck to all NIO holders. Diamond Hands
NIO Inc (NYSE: $NIO) Looks Ready To Rocket! 🚀NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, the company offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Public Charger, a public fast charging solution; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service, where it offers vehicle pick up, charging, and return services. Further, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; courtesy car services; and roadside assistance, as well as data packages; and auto financing services. Additionally, the company offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. NIO Inc. has a strategic collaboration with Mobileye N.V. for the development of automated and autonomous vehicles for consumer markets. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, China.
NIO BULLISH BIASNio had a huge correction last months.
Especially now fuelprices are high. I see
The demand for electric vehicles rise and
combined with this pattern i see us reaching
that high again this year.
nio watchwe can see a breaking of the level but a red movement in the last few days wich indicate a pullback , and from the crossing of the 2 hma indecators we assume the pice will continue in the uptrend . best move is to wait for the green candle and enter as buyers
NIo LONG With Lots of positive news from the Chinese government lately I am more bullish then ever on Nio. The Media is Still trying to FUD the Chinese stock. lets not be the sheep and follow the fundamental of company. if this was the US company this would be Trading at 100$ right now. Lots of positive catalyst coming from the Nio. Nio is just not only EVS but Rather Lifestyle . Blue Sky Incoming !
NIO bottomed with island reversal; next 2 TP levelsNio fell down from a falling wedge, made an island reversal. Then quickly went above the wedge.
I think the ABC bottomed at 13.01 & Nio will be making a new 5 waves up.
Nest 2 targets are 26.20 & 34.20.
It must hold 21 to be very bullish although retracing down to 17 is still normal.
EV will still trend in 2022 as the world realizes the need for alternative green energy & autonomous driving.
Not trading advice
nioNio (NIO) shed nearly 10% after the Chinese electric vehicle market posted lower-than-expected Q4 earnings. Trading volume was more than 67.0 million shares against a daily average of 66.6 million. Its shares in Hong Kong were also down over 7%.
NIO Long and short term put positionsstarting on the daily TF i noticed theres this S/N shape taking form which i believe are waves of the market. knowing that i think price is heading back into a long-term demand zone marked in green (at 9.29). I am considering entering Dec, 16th exp $10 or $12 put positon for that long term demand. for short term day trades i marked two supply zones in red boxes on the 4H TF. then i went to the 1H and marked a potential target (24.72) before a bigger drop to correct the gaps and what i think is liquidity in price. my put entry is marked by the red broken line and every target is marked srarting with the solid green line. this could be something i look at next week as well. i dont not expect to to move all the way in the last two days this week.
Confirmation confirmed. Short and quick, check my last couple posts to understand more.
Reversal of the bearish channel trend should be happening.
Good buying entry.
Not financial advice, easily could be wrong.
Nio at decision pointNio is at 382 fib and also has wedged into support.
There's also a downward channel there as well.
Oscillators are following price.
I am seeing potential bullishness to the top of the channel.
NIO had an interesting rideNIO is confirming a new Fibonacci now and we can draw the interesting levels. It seems we found the bottom and the next step is to outrun the VWAP again.
After, it will take some time to reach the next hard level at $30 and $34.
Again patience will be rewarding.
