YINN is a 3X leveraged bullish ETF of Chinese stocks. As can be seen on this one hour chart, YINN has jumped nearly 30% since the beginning of the moth. On the chart is a moving average ratio indicator ( with settings SMA7 / SMA28 ratio ). When the ratio crosses the zero line, the shorter average is rising faster than the longer average demonstrating...
Tesla, Lucent, Rivian, Nio not too many new names entering the scene in the last year... Nio will boost the worst has been put in. IMO 6 month call options OTM $13 plus should be pretty safe. Lots of potential direct or indirect headline catalysts here through EV, AI, and Tesla tailwinds.
NIO is a stock that is recuperation after too many weeks going down. I think it could go to $8.5 or even $8.6. The perfect moment to enter is right now. But I'm going to be updating. Always using a stop loss SL, that can stay at 7.35
Momentum has been missing YTD is the key for NIO to moves.
We can see a clear rejection on the 1W chart for NIO. On the 4H, NIO has just choched. Stoploss should be placed below the order block, aiming for the last top.
TSLA on the daily chart descended from a triple top Summer '22 into a downturn which reversed after earnings in late January. Since then with the usual waves of up action and retracement it has risen into its current range also going through a cup and handle pattern from early April into late May. On the chart with the volume profile and anchored...
PSNY has been relatively stagnate for a while.... which is good after an emotional dump into a new low. It means its accumulating. This company is undevalued compared to the other electric car companies out there. I wouldn't expect this stock to move a lot up front. However its cheap to do a leap on this til jan 24 and let it do its own thing. Out of all of...
Wedge break on exploding volume, in oversold conditions gapping above 50SMA. pt1 is 10% away if market gets legs watch this closely
If you haven`t bought NIO here: Then Analyzing the options chain of NIO prior to the earnings report this week, I would consider purchasing the 8usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $0.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
Started a 5 year long position today will attempt to enter full position below $10. Today I entered large earnings gamble on call options.
NIO has earnings coming up at a good time when the China ecomony is recovering from the lockdown and holding interest rates down to support economic expansion. NIO is also very busy selling their EVs in Scandinavia. On the one-hour chart, NIO has risen above the demand/ support zone and seems to be retracing the recent downtrend. The indicator shows...
I had been shorting NIO stock due to the very apparent downtrend as portrayed by the 50 and 100 EMA. However, I noticed that the swings from high to low were getting narrower, signaling a loss in momentum. Throwing some zones on the chart, you can see a small trading range has formed. I compared the Wyckoff accumulation schematic to the NIO chart. The schematic...
It seems like NIO stock has fallen a lot, doesn't it? Well guess what... it should fall another 60%+ from here.
TSLA as shown on the 60 minute chart has been in a cup and handle since the last earnings report. Trading volumes increased then and the print is a gradual downtrend reversed to a gradual uptrend then the handle formation and finally the breakout above the lip of the cup. TSLA and Ford this week announced collaboration on a charging network primarily with...
On the 4H Chart, BABA is sitting in the the demand zone at a double bottom retest. Earnings two weeks ago beat expectations. Fundamentally, China is holding interest rates down and may even decrease their prime rate. Domestically, chaos continues with more rate increases possible and the debt ceiling issue impending resolution versus diseaster. I see trading...
#NIO NYSE:NIO 📈Chart Pattern: Falling wedge 🫵Perspective: Long 💔Stop loss: Breaking $ 6.95 NYSE:NIO SKILLING:NASDAQ AMEX:SPY
For the month of May on the 15-minute chart Fisker is up 27% while the general market QQQ is up merely 4%. FSR riding an ascending parallel channel tested the channel yesterday. This was met with high relative buying volume. (Fundamentally, TSLA and NIO are rising as well as EV stocks gain some momentum ) The Better RSI indicator is oscillating between...
On the 2H Chart ARVL is always been underneath the Ichimoku cloud. Since earnings this has changed. The earnings were nothing special. ARVL as a startup is still losing cash; it is priced on the potential of the future. ARVL is in the delivery truck and bus segment of the growing EV industry. It does not compete directly with TSLA. On the chart relative...