Nio to Drive Lower? NIO - Short Term - We look to Sell at 27.16 (stop at 29.98)
We look to sell rallies. Previous support, now becomes resistance at 28.00. We have a 61.8% Fibonacci pullback level of 28.26 from 33.80 to 19.31. 20 1day EMA is at 26.50. Further downside is expected although we prefer to sell into rallies close to the 27.00 level.
Our profit targets will be 19.36 and 16.80
Resistance: 28.00 / 34.00 / 45.00
Support: 20.00 / 15.00 / 10.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NIO
Nio Analysis 02.02.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Short $NIO $29.30Short $NIO $29.30. Falling channel. Downtrend will continue in my opinion. Price was rejected at 200 SMA early December 2021. Made lower lows since then. Recently Tried to break above $34 area but failed to maintain the momentum. Soon will test $27 area for support. Any further sell off in this name, going to push the price down my short target of $22 area.
My *BIASED* hopeful hypothesis for NIO - Opinions WelcomeThis is my hopeful outlook on NIO over earnings.
I'm stuck in 3 x $70 03/19 calls, but have accepted I may need to close at a very uncool loss if we break a new low tomorrow.
Hoping recent catalysts (CNBC Fast Money, Barron's report on Korean investment, new factory etc.) can run us up over the next week prior to earnings. Also hoping SPY can put in a few solid days to help us build momentum and give wind behind our sails
Hard to predict what will happen after earnings. If I can get out of my calls at small loss or breakeven before ER I probably will take 2 of my contracts off, and only leave one to ride through Earnings. This is largely because in retrospect I personally oversized my position relative to my account size on this play, and even with expected positive earnings it still doesn't guarantee the stock price will push higher. At this point I just want my money off of the table for the most part
I am not a financial advisor, nor a guru, and I'm still learning, this is purely my hopeful, biased hypothesis.
Would love to hear input from people so please let me know what you think of my analysis, happy to take criticism as it will be something I may be able to learn from.
NIO might gain more ground. NIOWell we are willing to take a chance on the high likelihood that it might. Short term outlook.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Nio to Make New Lows? NIO - Short Term - We look to Sell a break of 27.53 (stop at 29.42)
The primary trend remains bearish. Bespoke support is located at 28.00. A move through 27.50 will confirm the bearish momentum. Closed below the 20-day EMA. Further downside is expected and we prefer to set shorts in early trade.
Our profit targets will be 22.82 and 21.10
Resistance: 30.00 / 35.00 / 40.00
Support: 28.00 / 25.00 / 20.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NIO SHORT TERM BEARISH NIO Inc. will go down to make a new low around 50% to 61% of fibo to finish the (4)th wave correction. After finish correction it will make new all time high. For confirming the correction finish you can watch hidden bullish divergence RSI indicator.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#NIO #NIO_INC #ELLIOTTWAVE
Double Sided Play on NIOOn the Daily Chart of NYSE:NIO , we can see that it has been creating lower highs (starting from 11th January 2021 @66.99) and consistent lows in the 31-32.5 region. This is a macro descending triangle formation which indicates a potential bearish trend. However, on the RSI Indicator, we can see that NIO is currently at 30.03, which indicates that it is underbought . Also if we take a look at Nasdaq's Daily Chart NASDAQ:IXIC , we can notice it has been trending upwards in a parallel range and is currently at the bottom support line which indicates upwards movement for the next few weeks.
If NYSE:NIO follows the trend of the entire Nasdaq NASDAQ:IXIC market then it can move upwards significantly but on the other hand there is a chance it behaves in accordance to the descending triangle pattern and plummets.
If watches carefully NYSE:NIO can be played on both sides profitably, I am currently long on NYSE:NIO on a swing trade with a stop loss at 28 and a take profit of 38+ which might change based on price action.
Nio Analysis 12.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Relevant levels on NIO + Explanation.Today, we will look at the relevant levels of NIO and what we can expect from them.
The first thing is defining the current context:
a) The price is making a corrective formation (defined by the support zone and the descending trendline)
b) The current drawdown is 59%
c) The current duration of the drawdown is 365 days.
From where we are right now. Which are the next relevant levels for bullish and bearish scenarios?
Bearish Scenario: Currently, the price is below the support zone. IF we don't observe bullish movements above 32 / 33 in the short term, the price may drop towards the next support/resistance zone at 14.00, which means an 80% drawdown.
Bullish Scenario: Assuming the price is able to move above 32 / 33, we may observe a reaction on the descending trendline. That would be a short-term bullish target. However, observing a breakout of the descending trendline could be a positive sign for position traders. It's important to say that when we have the breakout of structures of this size, it is normal to observe some corrections/throwbacks before new massive movements start.
Thanks for reading! Feel free to share your view in the comments.
LIFETIME OPPORTUNITY IN CHINESE STOCKS ?BZUN :
Chinese stocks have been beaten down badly. Is this the opportunity of a lifetime to buy them cheap? I don't know.
Tell me what you think.
I like the chart and it looks like we could have a substantial bounce here. I'm buying some January calls.
All resistances mentioned on the chart are potential targets. Let's regain the 50 MA and see.
NIO and BABA charts look also good.
Trade safe!
NIO, 15 MinNYSE:NIO
NIO, 15 min
Buy at 26.38
Sell at T1: 28.42, T2: 29.66
Stop Loss at : 25.25
Please read the disclaimer
------------------
DISCLAIMER:
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
NIO, Daily, Descending TriangleNYSE:NIO Daily, Descending Triangle
In General, NIO in a Bad shape
it may respect the Bollinger band and reach target one at 33.10 temporarily. However, it may also keep drooping, breaking the Support Trend Line breaking the other s/r lines 25.77, 19.43 ..etc
---------------------Disclamer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
NIO found Daily Support. Bullish SwingJustification and PTs provided on Chart.
Daily Chart:
(1) Bounced off Support
(2) Hull Moving Average (period 16)
(3) MACD Bullish Crossover
(4) RSI low and trending positive
PT1: $38 (0.618 Fib) and at Downtrend Resistance
PT2: $40.7
PT3: $44.27
Expected PT1 ~ end of Jan 2022