$TSLA as neutral as it gets*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Elon Musk: "Tesla has diamond hands"
$TSLA is one of the top most talked about and traded stocks right now. Its staggering growth within the past two years is evidence of its potential, but regardless $TSLA was long overdue for a correction at some point.
$TSLA now sits at $618.45 per share after correcting from its 52-week high of $900.4.
My team has analyzed the financial sheets of numerous companies, large and small, but only few have matched the absolute beauty that $TSLA really is behind the scenes. Not to mention the fact that $TSLA is so much further ahead with their electric vehicles and self-driving technology than the likes of competitors such as Ford, Toyota, GM, and even Nio.
My team is patiently waiting for $TSLA to breakout from the triangle on our chart.
We believe in our hearts that $TSLA will continue to be a dominant player in the market long-term, but sometimes believing just isn't enough. So for now we remain neutral on the sidelines.
Our patience will be rewarded...
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
NIO
NIO - New low or just small correction ?!
NIO - Made 5 waves up but it looks like this could actually be a wave C !
Therefore be very careful if you want to buy the pullback.
If price goes down to the orange zone in corrective fashion and we can distinguish a corrective pattern, we can look to buy the reversal out of that zone and even add on a new high.
BUT if that's not the case and we see relatively sharp moves down, we've most likely started a new impulsive move lower and can then expect new lows !
Ok, NIO hit our first target! What now? 🎯We detected this bearish divergence on the RSI just in time! Now NIO hit the first target we talked about yesterday, but we have some things to say before anything else.
NIO has been duplicating the amplitude of its congestions each day, as the black arrows show us. And this indicates that the trend is bearish, at least for now. But NIO was oversold today, and the RSI almost hit the 30 level.
This made the stock go up, along with the 20ma in the 4h chart:
Yes, we hit the 20ma, but the RSI has an advanced breakdown now (yesterday was only a divergence).
This makes me wonder if we’ll see a correction to the 20ma in the daily chart or not. In theory, the 20ma in the 4h chart should hold NIO, but the RSI tell me it can drop a little bit more.
All of this makes me cautious about NIO, and I’ll wait for a better opportunity to trade it.
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Melissa.
Yes, it is dropping! For how long? 😮NIO lost the 46.26 as we expected it would yesterday, as I said in our analysis, with the confirmation of the divergence on the RSI. It also lost the 20ma and it dropped a lot today, more than 3%. This was not surprising at all for us, and I think we will have a trade here soon.
By losing the 45, NIO will do a pullback to the 43.50 at least, as the 4h chart suggests.
The 43.50 is around the 20ma, and we have a bearish divergence on the RSI in the 4h chart too. This increases the chances of a pullback, and I believe it can go even lower than the 43.50, if you look at the daily chart.
NIO just hit a resistance, and the RSI is higher than ever, similar to the time it was around the 65. Movement like this attract short sellers that are just going to short NIO, set a stop-loss at today’s high and a target at the 20ma. If it drops, great. If it goes up, ok, at least the stop was very tight.
So, we gotta be careful, and focus on our plans. If you ask me, this is a short trade, but I won’t do it for several reasons, mainly because there is better stuff around to trade.
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Melissa
$NIO Easy Channel Trading 6/15Hasn't been the hardest to trade bounce in this channel. It is currently being held up and its linear deviation (middle yellow line) This could be our nearest support if we end up bouncing today
Looking for a return to the 44.50 support. Where we hope to see our third and final bounce but we have already hit resistance multiple times.
A break of the channel support would have $NIO back down to the 42.50 level where I anticipate a bounce. Remember inflation news coming up soon could effect the market alot.
I will do a video update on this after hours
Watch out this support level on NIO! 👀We have a few things to keep in mind here:
First, it is a bullish momentum, and rn it is just dropping to the support at the 20ma/previous resistance at 46.26. Nothing amazing. But, if NIO loses both supports, it’ll trigger the advanced breakdown as the RSI suggests.
We have a small divergence in the 4h chart, just when we hit a resistance. Also, we went briefly outside the BB, but NIO managed to close inside the bands in the end, which is not a buy sign for sure.
You guys know that I’m out of NIO again, and I’m just waiting for another good opportunity around.
When I’ll trade it again? When it gets closer to a support level, that could be the 20ma or the 42 area.
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.
NIO: Going to the $ 50s?Hello traders and investors! Let’s see how NIO is doing today!
First, Nio is clearly in a bull trend , doing higher highs/lows , and I see no weakness signs around, but it seems it wants to correct a little. Pullbacks to the 21 ema are expected, and not to be feared.
Now, let’s see the daily chart:
If NIO closes above the $ 46.28 it’ll defeat another resistance, and the $ 50.40 is the next target. If it closes below $ 46.28, probably it’ll do a correction, we just don’t know if it’ll be a time correction (sideways movement) or price correction (pullback to the 21 ema).
Here, we have no pullback or reversal sign around, but the $ 46.28 will be a key point for us in the short-term.
The volume looks good, and NIO looks quite strong. Even if it corrects again to the 21 ema or to the $ 43.13, I still see it at $ 50.40, unless we see a clear reversal sign around, which is different from pullback sign.
If you liked this analysis, remember to follow me to keep in touch with my daily studies, and support this idea if it helped you!
Thank you very much!
Bull Trap or A Bullish rally?Once Upon a time, NIO was a money printer..! Hottest stocks in the market..!
I believe its best days have gone very on time ago..!
Do you think I'm crazy???
Review these analyses!
January 2nd, 2021: Detecting Top before it happened with the highest price date accuracy! (last Buy analysis)
January 30th, 2021: First Short analysis when it was 57
February 18th, 2021: Detecting EV Makers' crash when everyone else talks about NIO will be a 100-150 soon!
You calculate the odds:
Someone who calls himself a sniper trader published a chart 4 months ago. There are 10 stocks (EV makers) in that chart and predict a crash.
None of those stocks' price today is above that day..! and have never been..!
you do the math...!
I do analysis based on facts not my feelings..!
Moshkelgosha
NIO stock showing strength making a push back up If NIO follows this trend I think it test the upper box before the end of this month if it can get and hold over $46.50ish. Already got in on Friday wasn’t paying attention(seems like breakouts are back in instead of fakeouts everywhere) so didn’t realize it broke out of my box.
Accidentally day trader! 🤕 What to do now?Nio is impressive! It triggered the buy sign we talked about yesterday, at 43.04 (check my last analysis on NIO), and it already hit the target today! I wasn't counting on that. I rarely do day trading, but sometimes I do it, never on purpose.
Yes, again, I’m completely out of NIO, so, I’ll analyze in the most unbiased way.
The next pivot point is the 46.26, and if NIO trigger it in the some way it did with the pivot at 43.04, it’ll trigger another buy, but I wouldn’t trade it at all, not even a small position this time. Why?
Because unlike the previous pivot, the RSI is at overbought levels, and we aren’t near support.
We just hit a resistance today, and the RSI is overbought in the 4h chart too. So now I’m out of NIO, and I’ll remain out even if it breaks the 46.26 again. I’ll wait for the support level.
It’ll give us another chance soon. I’ll keep you guys updated.
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See you soon,
Melissa.
Do you have FOMO? This strategy might work for you! 👀NIO hit the 42 again, and we have a pivot that could trigger a buy, at 43.04. We have no RSI divergence, but we are still far from the 20ma in the 4h chart.
Also, we still have a small divergence here. This makes me cautious about NIO. Either way, if it breaks the pivot mentioned in the 30min it’ll be a buy. It could be better, but if you have fomo just buy a small position, and if it drops to the 40.89, just buy more shares to complete your position. 😉 You'll have a good cost-basis, and if NIO flyies again, you won't be completely out.
I’m out of NIO for now, but I’ll probably do this strategy. It is just like PLTR (check my PLTR analysis, btw).
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 😉.
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Melissa.
The next trade is near! 👀Yes, NIO is dropping again, but it looks like it can drop even more. We have yet to hit the 42.34, and the RSI is not oversold yet!
We still have a divergence in the 4h chart RSI, and we are far from the 20ma. Also, NIO volatility is pretty high, and it feels it must decrease a little bit more. Let’s wait for the BB to get tighter, and for it to hit its proper support levels.
I’ll buy when I see an exhaustion, and if I see the right patterns around. Let’s focus on the 20ma in the 4h chart, as this could give us a great buy chance! It is almost there!
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.
MY MINIMALIST CHART ANALYSIS FOR $NIO$NIO- NIO ON A DAILY CHART
6.08.21 1239H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
STILL ON TARGET
THE MARKET IS STILL EXPANDING.
COMPLETING 5TH WAVE OF ELLIOT WAVE THEORY.
VERY BULLISH ON THIS.
Please do feel free to comment on my idea.
I would greatly appreciate it so as for me
to learn more. Thank You.






















