This is another sub-trade I will take based on PinBar price action on the daily timeframe even though it looks shy on the chart, so the stop loss should be more close to the entry. I expect a move of 9% tomorrow🤞
#NIO has been trading for a while in the demand zone, giving great opportunity for low risk entry. And great target potential. Regardless the fundamental analysis, this is just technical analysis.
From this price I will start buy small positions and buy more with bullish price actions.
❌ - Moving Averages still bearish, price distance to fast ma 0.50% and to...
Nio Inc (NYSE:NIO) is on the verge of a possible technical breakout. The stock closed slightly below the 50-day EMA on the daily chart. A breakout above this key EMA is a signal that there is a potential long-term trend change taking place. The strongest sign of a bullish momentum is the daily MACD indicator which has just started to increase. The RSI is also...
There's been this parallel channel in NIO's price action that I've been following for a while because my friend bought up a bunch of it and did very well. I started watching the chart just to see what would start to materialize and (since he's somewhat of a novice trader) I thought it might be a good idea for me to keep my eye on it in case I saw any potential...
Good afternoon young padawans of the markets. I hope everybody is doing well despite the world around us these days. It is time to discuss NIO. The stock soared to ATH after NIO day last Saturday ((I fell like every stock I write about is at ATH. Well, we can worry about that later). NIO has been a beast since late 2019. I am glad I got in early, with an average...
$NIO gapped up yesterday and is pushing to test previous resistance (57.20) Double Top? Watch price action closely. With CCI up so much, price may turn sideways as it pulls back into the green box (e.g. marked in yellow) If price breaks below yesterday's low of 50.67 and goes under, I will look for a reversal near the $48 zone. Good luck!
Many get worried when seeing a hype stock like this correct and move sideways as it is now... I on the other hand love times like this. Nio is preparing for a decision, and its direction will quickly be determined with the upcoming price movement as we move toward New Years'.
As we come to a decision point for Nio, we look at a few levels. I'll be watching the...
Nio got beat down with the china news like many other tickers. I think it started forming a base and was holding it friday.
DO NOT enter NIO if money isn't flowing into the EV sector. Follow big money.
Entry: 40.57, 40.51 (golden box)
SL: under 40.09 (.5 fib)
Short term PTs: 47.84, 53.65
Long term: ATH, 59.17-61.86
If u need confirmation wait for a break of the...
I wrote this article because i am often asked if it is late to invest in Nio.
I was the one who told you that Nio is undervalued at 7.9 usd:
Now i am here to warn you about the potential risk of entering a speculative bubble!
The 75B Market Cap of NIO is higher than Daimler, BMW or Audi.
By the way, Daimler(known as Mercedes) sold in the Q3 772,700 cars while...
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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...
