I was also waiting for the latest earnings report after a big drop, later the patience paid off. (:
The pattern was similar, so I'm still optimistic.
Good luck to everyone.
I find it a buggy thing that the market also sold the NIO because of the TSLA, but the co-movement of the sector has resulted in a good entry.
I think for a number of reasons that, a serious rise in the exchange rate is expected, e.g. the consumer power of the Chinese market, expansion, etc.
Good luck to everyone. (:
Hello everyone,
In the one-hour chart, NIO is just below the support level, which makes me think it'll go up now.
Right now, I have spread my money over Jumia Tech, Apple, Tesla, Nio, and bitcoin. this is just in case you want to copy me because you are not sure which stocks are goof right now.
Do note, you should not just blindly follow me, I am a fairly new...
Nio has been coming down for quite a while. If you are a long term believer of NIO like I am, be calm, cool and collected. Nio is deep in the race of EV so keep your eyes on the end goals. Earning might change all of bad result we have seen.
Don't let your emotion determine your actions.
Keep a clear mind before you reacts to situation.
Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in...
It's rare to see NIO bouncing around its 50 days moving average during such a booming EV market. As I see the bullish momentum continuing I expect to see strong support and bounce back in NIO stock. I could also see the bounce back being even faster, in the case of NIO releasing especially good delivery numbers for February.
NIO is currently in a volatility squeeze and has broken the significant level within the trend pattern that has led to a large break out multiple times (Within the current trend)
One precaution to consider is that the uptrend is getting a little long in the tooth when looking at it from a Fib Time Zone extension perspective
Promising is an increase in turnover, if it will be permanent it may break a new peak in the exchange rate.
Good luck to everyone and great traffic to NIO (:
Hello everyone,
In this chart, you can see Nio is on an up-trend and is going to the support line right now.
I recommend waiting a couple of days until it hits that line and then buy. you would want to sell when it hits the resistance line, that is the upper line. But do know you should not just blindly follow me, you might have different ideas than me and...
NIO is going higher and higher. This company has significant potential. But the stock seems to be a little bit overbought. It is not a healthy UPTREND. NIO should close the GAP and go back to $58. It could be a good opportunity for buyers.
ENTRY LEVELS LONG:
$58.80
$55.34
$50.11
Congratulations to people who bought NIO stock from BULL signal, enjoy your 1314.96% PROFIT that you made in 7 months!
As of now, there are no sell signals present and EngineeringRobo is bullish.
So, you can wait for EngineeringRobo's sell signals to sell or you can sell at my support level if the candles will reach to it (30.80)
Also, if you haven't bought...
