NIO trade ideas
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
Have been waiting for this pullback - buy entry for 7.90as of a few days ago, Nio has had a breakout after trading within a consistent s/r range for a few weeks - have been waiting for a pullback over the last few days with an entry between 7.80 and 7.90. Set a buy limit order for 600 shares at 7.90 - pulls back then a consistent return to the price of the breakout a few days ago - buy
NIO: Breaking Through Important Resistance Levels - but beware!We see a strong bullish reaction in NIO's shares, which have been rising steadily since last week, when they approached their bottom at $7.
Around $7, we see a region of multiple support, present since June, but which has suffered several attempts to be breached during November and December, without success.
Now, the price has made a strong enough reaction to break through some important medium-term resistance points, such as the 21 EMA, and more recently, the previous top at $8.51.
In doing so, NIO's shares are sending a clear message that the medium-term trend is now upwards, as it is operating above various supports, and breaking through previous resistances.
In theory, the next resistances are NIO's next targets, such as $9.22, or even the gap open at $10.22. Remember, gaps act as magnets when the price reverses a trend.
Although this is a reading for the medium term, it's important to point out that NIO shares still face some problems in the long term, as seen in the weekly chart below:
Clearly, the area around $7 is the most important support here too, but since November 2021, the price has been in a persistent downtrend. We don't see rising tops and bottoms, and the 21 EMA could still be a resistance point, although the price is above it this week.
So, while buying with a focus on the medium term is technically plausible, caution is advised as the weekly chart is still in a downtrend.
I'll keep you updated on this, so remember to follow me to keep in touch with my daily analyses, and if you liked the post, remember to support the idea.
All the best,
Nathan.
China's Nio to Get $2.2 Bln Investment From Abu Dhabi's CYVNKey Takeaway
NYSE:NIO published a press release announcing that it was on track to receive a new round of investment funding from CYVN Holdings -- an Abu Dhabi-based holding company. Per the agreement, CYVN will invest $2.2 billion in NYSE:NIO and receive 294 million shares of stock at a price of $7.50 per share.
Technical Analysis
NYSE:NIO has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development.
NYSE:NIO has broken a resistance level in the short term and given a positive signal for the short-term trading range.
NIO - A 10% Pre-Market Burst (Allowing for a structural trade)NIO
✅10%+ move indicated in pre-markets
✅This will put NIO above the PoC(Point of Control)
✅ With the RSI Bullish Divergence this presents and opportunity to enter a trade above PoC and to place a stop under it with an almost 8:1 Reward to Risk.
I have a long term medium sized position in NYSE:NIO so i have been watching the chart for opportunities.
⚠️Obviously we are below the 200 day SMA and it is still sloping downwards so this is a major concern and thus the stop loss is critical and should be a hard stop if this is a short term trade.
For long term position folk, we will watch and wait as our long term positions are in place and just got a 10% boost today. lets see how price reacts to the 200 day SMA once we meet it.
PUKA
Long $NIO and $BABABought Chinese tech stocks last week because they are cheap and appear to be at technical bottoms.
nio playMonth long nio play maybe longer matter what happens with nio on monday and predicting back then a bull run once pass braking point can see 10 dollar nio share.
