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 trade ideas
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.
$NIO - Could be ready for upward move.Bozz's Trade Idea: NYSE:NIO
Bozz's Trade Idea: NYSE:NIO
I am thinking of taking a position in NIO.
Why?
The stock is bouncing around the $7 support area, while MACD and RSI are moving upward. The accumulation distribution is starting to curl up in the past few trading sessions, suggesting accumulation has started to happen.
If the $7 support fails, though, it can fall right to $4.81. So, know your risk.
Upside Targets:
$9.97
$12
$13
Downside risk:
$4.81
NIO Looking InterestingI like NIO's levels here.
Starter position at $7.30.
Add if it falls to $5.70.
Ideal Profit Target $9.70 for approximately 30%+. Will close position if it gets a sharp 15%+ move up next week.
NIO forming double bottom on weeklyNIO chart looking bullish as its forming a double bottom on 1W.
I have added the trade idea with projections.
Potential future of SOLANA. Silver and NIO. Agree?It's just an interesting fractal that I think is plausible. Personally, I don't hold WHITEBIT:SOLUSDT and don't expect ATH to be updated in the new cycle.
Technically, the project is unstable and looks more like a beautiful marketing. For example, WHITEBIT:EOSUSDT has much more advantages technically and is safer as an investment.
TVC:SILVER and NYSE:NIO NIO's share are very similar. NIO is also a very beautiful marketing that has a lot of problems.
NIO: Ready to Roar? Bullish Signs Point to AccumulationThe Wyckoff accumulation pattern offers valuable insights into potential market reversals and breakouts. This case suggests that "Big Money" might be quietly accumulating shares in preparation for a NIO run.
Evidence of Accumulation:
March 2022: Large buying volume shows the initial accumulation.
October 2022: The subsequent selling climax further confirms accumulation.
Trading range: The current sideways price action suggests the market is consolidating before a breakout. During this consolidation, there is more volume along the upswing vs the downswing.
The current price behavior closely resembles the spring phase of the Wyckoff accumulation pattern. This phase represents "Big Money's" final attempt to acquire shares at lower prices before initiating the long-term uptrend.
Strong support exists as low as $5, offering a potential buying opportunity.
In the event of successful accumulation, a price target of $22 seems reasonable.
Patience is key, as the accumulation process can last for months. I suspect we have a few months to start the breakout.
While the Wyckoff accumulation pattern suggests a potential long-term uptrend, due diligence and comprehensive market analysis are crucial before making any investment decisions.
NIO BullishI think NIO will push to at least the $9 area soon.
I am buying a Jan 19 9/10 call vertical for around .15
Potential Inverse Head and Shoulders for Nio StockI'm looking at a potential bullish inverse head and shoulders pattern forming here on Nio Stock.
