NIO currently in its second upward channel; EV been booming so hard, its bound for a pullback soon enough especially the chinese EV stocks (nio, xpev, li etc.). I could possibly see NIO breaking below this channel its in with three possible supports around 49.4, 45 and 40 (even though its still madly overvalued here, there was a lot of buying pressure at 40 so i...
NIO is trying to clear its resistance 54. Once it's clear it can go to the 70 ranges as per the measured move.
So we are looking at an overdue EV full force entry in the market - seems like every day we have a new reverse merger with a SPAC company to IPO another EV maker we never heard of ....but the main focus is missed by many investors - Charging stations and Battery makers. Here we will discuss the two companies currently in the lead of the EV charging race. First we...
So electrameccanica company has been here for a longggg time but not many people knew about it till today -what’s the story with the EV brand new MR bean compact looking car? at 18.5k for a brand new full electric car with a 80 MPH per hour speed and battery of 17.3 kWh and most importantly so small you can park it anywhere. remember the price is a key to reach...
waiting for a rollback to half level. Look what happened to the BTC. I think with NIO will be the same. Dear followers, the best "Thank you" will be your likes and comments! These ideas are not a channel with signals and I do not give recommendations on the entry/exit points. In my reviews, I provide analytics - those data that help model potential...
Probably my favorite stock of 2020 ! Been trailing it since it was on 6$ and the Chinese Gov gave them fundings in mass in the beginnig of the year. This EV cheap maker is not stopping in red ! no corrections no retracements ! when it corrects it corrects by the cent not by the dollar. When the market fell in September NIO was not moved by much and that shows...
So in the last 3 days in particular , XPEV the Chinese electric vehicle maker, has been exploding up, and there are many reasons to this which we will cover here in a moment but as an investor who is heavily invested in XPEV this causes me reasons for concern. In a lot of the cases (excluding Tesla), when we see a meteoric rise such ass XPEV and NIO had in the...
Search Results Featured snippet from the web J.P. Morgan analyst Nick Lai upgraded the stock of Chinese electric-vehicle maker NIO to Buy from Hold on Wednesday, taking his price target all the way to $40 from $14. That is double NIO's average price over the past month and nearly double where the stock was trading before the bullish call. SHORT TITLE : SELL...
So it appears I was a bit off in my last call for nio. What I thought was the top, was really just the beginning of a larger move. As much as I would like to do some elaborate analysis, I think this is very simple. There is huge bullish momentum surrounding this stock. Huge. I can see this going all the way up to 33 dollars. On a more technical side, although we...
High conviction trade taken, Jan 15th $25 call options 21 contracts dollar cost averaged in. Been monitoring news and social on NIO recently, had a Chinese fivver tranlsate hundreds of Weibo messages talking about NIO, will be posting my full high conviction trade analysis in the DumbMoney.tv discord channel: dumbmoney.tv you will find it in...
NYSE:NIO is forming a bull flag above a previous break out zone. The volume patterns are also bullish as there is higher volume on days where the stock closes higher rather than on red days. A break out of this flag can see NIO go to 24-25
Notice NIO has been quietly moving about +20% per day and our Leaps has gone deep ITM May 2020. I’m considering taking off some profits off the table as we approach wave (v) resistance at 27.50. On the longer term, we will still be holding on to our positions on NIO.
NIO recent trades mostly happened around $19, great bounce back from the support, we were shy of $1 from our last prediction. Thur & Fri pullbacks are at the half volume of previous buying days, which is a very bullish sign. Friday candle closed an inverted hammer, a trend reversal indicator, with this we may or may not see another pullback to retrace to fib...
Support is at 20.60, watch for a break out to go long, it can hit previous highs if it breaks out of its trend line or it can even go to $24. Filled this mornings gap up which was a break out of a daily resistance level around $21. Volume has also increased on this last 15 min candle so it may signal a reversal.
we have, I think its called, a pennant and Nio seems to have broken out bullishly. tell me what you think. comment, share or just say hi or like this idea. this is my speculation.