NIO
nio 🚗special request ~
here's the thing. normally i'd like for wave 4 to get down to the 0.382 algo target before i jump into a trade - but...
things that are extremely bullish, sometimes bottom out at the 0.236.
0.236 algo target sits at $29.42, and this will be our first area to try and buy nio again, with a 4% stop loss.
if that area breaks -> watch for $17.77
if the $29 area hold, our upside target sits between $144~$206.
NIO: This is the key point for it!Hello traders and investors! Let’s see how NIO is doing today!
First, NIO defeated the purple trendline , breaking the bear trend seen in the 1h chart. But there is no bull trend yet , as we have no higher highs/lows. But we have a pivot point at $ 34.15, and if defeated, this will be the beginning of a new bull trend in the 1h chart, which could spread to the daily chart as well.
Speaking of daily chart:
Yep, NIO quickly retested the $ 32 area, and it went to the $ 30.71, but it was a false breakout from our green line. Friday, it did a Harami above a support level. Usually, Haramis have random chances of working as reversal patterns, but the odds increase when we are near important support levels.
NIO must not lose this green line again, otherwise, it’ll seek lower levels, like the $ 25. If it triggers the pivot mentioned in the 1h chart, it can easily seek the $ 43 again.
Let’s see how NIO will play next. If you liked this analysis, remember to follow me to keep in touch with our studies, and support this idea if it helped you!
Thank you very much, have a good week!
Our Full Analysis on NIO explained This is a complete review of the current situation on NIO lets starts:
1) The price made a new local low since the previous ATH at 67,00. The current Draw Down is -53%, with a time duration of 123 days.
2) Currently, the price is a little bit below a clear support zone at 33,00. From here, we can start working on some possible situations
3) BEARISH SITUATION: If the price keeps falling from current levels, we do not have close support zones; the next level we can observe is 16,56, and finally, the cloned descending channel. We are not interested in shorting the stock; this is an idea of possible demands zone if the bearish trend continues.
4) Let's assume the price is not able to break the support zone, and we have a breakout of the FIRST yellow trendline. If that happens, we will avoid trading in the area between 33 and 46. The reason is that we don't have a clear direction defined in that area. So we want to see a breakout above the previous resistance zone at 46 to start thinking about possible setups.
5) If the price can reach 46 and we observe a small corrective pattern above the resistance zone, we will look for short-term setups between 46 and 57. ONLY if the risk-reward ratio we can observe is higher than 1.7. Otherwise, we will not execute any setup
6) Now we will speak about the perfect trading zone for swing traders or position traders. The best level is above the 2 descending yellow trendlines and the resistance zone at 57. Why there? Because we will be above all the bearish structures with a high probability of a new bullish trend starting. The idea here will be to look for a corrective movement once the breakout happens (like the green circle)
The main goal of this post is to provide relevant information in terms of structures, zones, and trading possibilities to anybody interested in NIO. Remember: Protect your capital, do your own research, and always plan what you want to trade in advance.
Thanks for reading!
People make mistakes, Money don't!We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market.
I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions. Whenever we have a positive money flow (influx)in the market, prices will go up. The opposite is also true! if we have a negative money flow (outflux), prices will go down.
Evaluating the money flow must become a habit for long-term investors and short time traders. Because investing in an asset with a negative money flow (outflux) will almost always waste your time and capital as a long-term investor! On the other hand, money flow creates lots of trading opportunities for short-time traders in any market!
This reality is not ignorable, and those who ignore it will pay for that. I usually follow the average trading value to evaluate the money flow of the trend and how strong a trend is. Having said that, we can redefine the bullish trend as prices going up plus money influx, and the bearish trend is when prices go down and we have money outflux.
To have a better idea let's review this on the charts:
NASDAQ:TSLA Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 48 Billion in June 2019 to 844 billion in December 2020 caused an 1863% gain in the same timeframe.
Maximum trading value in one week: 290 Billion, third week December 2020
Maximum trading value in one month: 844 Billion, December 2020
Last week Trading value: 111 Billion (-62% decreased)
Last month Average Trading value: 481 Billion (-43% decreased)
NASDAQ:AAPL Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 134 Billion in January 2019 to 525 billion in August 2020 caused a 288% gain in the same timeframe.
Maximum trading value in one week: 143 Billion, first week September 2020
Maximum trading value in one month: 525 Billion, August 2020
Last week Trading value: 65 Billion (-54% decreased)
Last month Average Trading value: 248 Billion (-53% decreased)
NASDAQ:AMZN
NASDAQ:FB
NYSE:NIO
NYSE:PLTR
NYSE:GME
NASDAQ:BNGO
NASDAQ:RIOT
By now you should be familiar with the power of money in the market and how money flow affects the trend!
Any increase in price without an increase in money flow is not sustainable and creates a profitable short opportunity..!
Moshkelgosha (Sniper Trader)
1st Series of STOCKS Buying Areas!Hi followers and other TradingView users,
My 600th post in TradingView and I need your help (activity) to start a new series. I would like to do something similar with stocks as I do with altcoins.
"Don't put your eggs in one basket." - the old saying but pretty important to achieve financial freedom. Considering that, let's find together some investment opportunities which can start to work for you as fast as possible - properly made technical analysis allows it to do!
I would like to know FIVE of your favorite stocks, criteria to get into the list:
* Name FIVE (max. nr.) of your favorite stocks, full name, and ticker. For example, Apple (AAPL), Tesla (TSLA)...or just ticker, the ticker is a must-have!
* Click the LIKE button of this post.
* Click the follow the get the update as fast as possible.
TOP10 most mentioned stocks get analyzed. I will point out some possible breakout opportunities to buy the strength and corrections to watch. Pointing out some lower levels where your alerts should be set!
I know that the bigger part of my followers has more interest in cryptocurrency but still, try to name your stocks to get into the list, and let's find buying areas for them.
If you look at my related ideas (below of this post), then over the years I have posted quite a lot of stock charts and the success rate of these ideas has been amazingly high!
So, quite an easy task to you, name five of your favorite stocks and you get the investment areas for free, areas that put your money to work for you as fast as possible!
Stay healthy,
Vaido
Technical Analysis of TOP10 Mentioned Stocks!Hi,
First of all, as always, I would like to thank you all for answering your favorite five stocks. Only YOU can make this series happening as good as possible, cheers!
It was the first of many, wasn't so popular as the altcoins series but still, pretty interesting stocks and interesting names on the top of the list. Looks like electricity still dominates the market :)
Here are the top mentioned stocks:
1) Tesla (TSLA) - is an American electric vehicle and clean energy company.
2) Nio (NIO) - is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
3) Apple (AAPL) - is an American multinational technology company.
4) Alibaba (BABA) - is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.
5) Amazon (AMZN) - is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
6) Palantir (PLTR) - is a public American software company that specializes in big data analytics.
7) XPENG (XPEV) - a Chinese electric vehicle manufacturer.
8) Jumia Technology (JMIA) - an online marketplace for electronics, and fashion among others targeting several African countries. The company is also a logistics service, which enables the shipment and delivery of packages from sellers to consumers.
9) Coinbase (COIN) - is an American company that operates a cryptocurrency exchange platform.
10) Pinterest (PINS) - an American image sharing and social media service designed to enable saving and discovery of information on the internet using images and, on a smaller scale, animated GIFs and videos, in the form of pinboards.
11) JD.COM (JD) - is a Chinese e-commerce company headquartered in Beijing. It is one of the two massive B2C online retailers in China by transaction volume and revenue, a member of the Fortune Global 500 and a major competitor to Alibaba-run Tmall.
As promised, I will do technical analysis for top mentioned stocks. To be said, I will add some more, especially some stocks to my followers from Estonia.
Firstly, my technical analysis consists of buying opportunities from lower levels. I tried to identify some interesting and strong price levels which may play an important role in the future. Obviously, you should make your own fundamental research about the stock you want to invest in, and I'll just try to help you with technical analysis. The best investments consist of good fundamentals and good technical analysis. Technical analysis is like the cherry on the top of the pie, it helps to put your money to work for you as fast as possible.
Important to mention that these lower prices are zones, some of them are quite wide but still, it should give you a clue to where your eyes should be pointed. Also, some of them are quite deep but I don't care, I know that if the price reaches there I'm ready. Preparations should be done early!
Secondly, I tried to point out some breakout areas. Areas that are important to break before we can "sure" that the growth of the stock can continue. We don't buy randomly, we are smart, we want to make sure that our investment starts to work as fast as possible, we don't want to guess. So, the breakout possibilities are the key to higher prices, let the price show us that it is capable to go higher, as said we don't guess, let the investors show that they want to pay higher prices to buy the stocks.
Ready - set - GO...
1) TESLA (TSLA)
The current price action shows that the strongest zone to keep an eye on should stay around $450. A lot of strong criteria matching inside the shown area!
2) NIO (NIO)
A bit riskier than Tesla but technically around $25 your alerts should be set. A bit strange PA, it can fall even a bit lower but I'll try to keep you posted! Something good from fundamentals will help ;)
3) AAPL (APPLE)
After the break below the black trendline, the price can reach as low as $100, if you still wait for a bigger correction then $80 is also technically a great spot to grab it. Usually, these top market cap stocks just don't correct too deep, they are always too expensive - but good things are usually expensive ;)
Buy the strength after the price of Apple has reached above 145-150 and you can grab it during the retest, as shown on the image.
4) ALIBABA (BABA)
After quite a bad recent fundamentals, the price of BABA taking some hits but it has reached an interesting zone. The zone is quite wide but if you are looking to invest in BABA then technically the zone in front of you!
5) AMAZON (AMZN)
Buy the strength after the new ATH and you can jump in during the retest. The lower level is far far away from the current price. As said, preparations should be done and this is the zone from where I'm interested in it. I don't care when and why it should go as low as $2000 but I know that if it goes I'm ready!
6) PALANTIR (PLTR)
The "safest" way is to buy the strength. If you are waiting for lower prices, yes you can get them but technically there isn't much to support the price. Only around $15 something tiny but in general cannot recommend any price levels lower than the current price.
Let the investors show you that they are interested in Palantir, let them "risk" and drag the price above $25, you can step in after that confirmation during the retest! Let them risk?! Risky, because $22 to $24 can play as a strong resistance and your investment may get stuck for months/years. As said, we need to put our money to work from high-probability areas.
7) XPENG (XPEV)
Trading inside the buying area! I don't know almost anything about XPEV fundamentals BUT if you know, you have done your research, and if this matches with my TA then go for it!
8) JUMIA TECH. (JMIA)
Quite a good rejection from strong support area which previously was resistance. A lot of buying power, wait for a little throwback and it should be technically a great investment.
9) COINBASE (COIN)
There is no point to do TA. because we just don't have enough history for proper analysis. Only zone what would be interesting, 50% drop from the IPO and that means buy it around $190 ;)
10) PINTEREST (PINS)
Keep an eye on $33- $45. Clean, simple, and strong! Just be patient!
11) JD.COM (JD)
Keep an eye on $45- $56. Clean, simple, and strong! Just be patient!
Hopefully, you got something from this series. Do your own fundamentals and if this matches with my TA you are ready to go!
Invest like a sniper, not a machine gun. Everything comes to you at the right moment. Be patient! Pick very carefully and trigger the kill shot!
Have a wonderful weekend,
Vaido
NIO END GAMEMore pain then moon just like every equity in correction mode.
-Third-wave Elliott wave down to finish correction at a maximum retracement.
-Was in a bearish rectangle/pennant inside of a broadening formation. Closed below upper support levels...
-Inflation will keep slamming and this will keep dropping for now.
Bright future for this stock. Make sure to trade it well and invest from the bottom.
NIO StockHello everyone
According to my analysis on NIO stock, there is a pattern that we all can see. 3 top peaks from 11Jan.-9Feb., 11Mar.-26Apr. That may tell as that NIO has a potential to follow a downtrend for a while. I believe that NIO eventually go to lower states in the near future(next week may follow this downtrend as you can see in chart). But 3 peaks will shine again after this downtrend.
My prediction on this stock is positive for long-term holding, and buying on dip always have postive action on your wallet.
This is an interesting OBV divergence!NIO has one final price level to break if it wants to fly back to 39 again: the 35.45. Let's all watch this point tomorrow!
The 39 is the 61.8% fibo retracement.
The daily chart has a divergence between OBV and the price, and this could cause a powerful movement, but it must trigger the 35.45 first.The OBV divergence would only confirm our initial thoughts.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Do not Bet on a dead Horse..!NIO closed Below 200EMA, which means the Bearish trend will continue!!!
While many losing money in this RED MARKET, my followers who Shorted NIO making money...!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
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Nio - Something seems familiarAfter Nio's sudden hard drop yesterday it regained its momentum and went back up.
Nio at the moment is in a slight downward trend but it could do one last rise before falling down. Don't get me wrong I believe in Nio in the long term, but its stock is not looking too bright at the moment, for any swing traders Nio seems like a very interesting play right now.
My thoughts and analysis on this are that it could head over to the $41 range again before dropping (if it doesn't break out) or it could have resistance around the $36 range and go down to $27. Although either way if Nio doesn't break out of the $41-$45 range then a drop to the mid $25's is very probable which also might be an excellent buying opportunity.
Nio is at a very crucial point where its price is being decided, be very careful with your trades, scale out, put stop losses if you are in Nio, staying Neutral in Nio but going for a small swing long trade. Good luck!
I am not a financial advisor, do your own research before going in.
comparison between PSTG (pure storage) and NIO (nio).on the right we have nio, trying today to break over the MA 50 dynamic resistance, and on the left we have pure storage, trying to bounce off the MA 200.
as you can see, both of them bounced off the MA 200, but while nio did jump high today, pure storage didn't yet.
because of that, I believe we will see a jump within 2 weeks in pure storage too, not a big %, but yet not a trash can.
anyway, rejecting the MA 200 4 times is an amazing thing, and if the price can start to climb again, we may see it reaching a new high in both nio and pstg.
lastly, I would suggest you to check nio and compare it to pstg whenever it is possible, as long as the correlation between the 2 remains.
logarithmic chart
basic chart
NIO - The Rise and Fall-Published a stronger-than-expected set of Q1 2021 results, beating market expectations on both revenue growth and adjusted earnings, driven by surging luxury electric vehicle sales and rising margins. Nio delivered a total of 20,060 vehicles over the quarter, marking an increase of 423% year-over-year, helping revenues rise 482% to around RMB 8.0 billion ($1.24 billion). Gross profit margins were particularly strong, coming in at 19.5%, up from negative 12% a year ago, indicating that the company is getting better and more efficient at producing its vehicles. For perspective, the broader global auto industry sees gross margins of under 10%.
-Although Nio had a relatively solid Q1, the near-term outlook appears muted. While Nio says that it continues to see strong demand, it is facing production issues on account of the global semiconductor shortage, which has hurt the automotive industry particularly badly. Nio says that deliveries for Q2 are projected to stand at between 21,000 and 22,000 vehicles, marking a sequential growth of just about 10% on the upper end.
-Nio stock is priced for robust growth, trading at about 10x 2021 forward revenue, and if the supply crunch in the semiconductor market persists through this year, holding back delivery growth, investors will likely re-rate the valuation of the stock lower.
-Currently with the given market condition our target price for Nio is standing at $30.
TrendyTrades: NIO Break of downtrendI expect NIO to break out of the downtown since bounce of Demand, then hitting Demand-Turned-Supply causing it to drop and re-test the down-trend for a move to the upside breaking supply and reaching the next fib level at 38.50
This analysis could be used for day-trade or swing-trade. NYSE:NIO
Seeking the $39!NIO was already oversold, but we didn't have any buy sign until now. Now we have some nice confirmation, and NIO is doing a good movement. It briefly lost the 34, but the buy force was incredible!
Now NIO is trading inside a range in the 30min chart, but the 4h chart looks good:
NIO did a false breakout from the 34, the most important point we were watching since yesterday, and it was close to the lower band at the same time. In addition to today's movement, the 61.8% retracement at 39 is a good target to aim next. There's a little gap above the 39, which could be filled too. But watch out for the 32.25, as NIO must not lose this point, ok?
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.