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...
TSLA on the 4H chart started 2023 with an upward trend taking it from basically $100 to a doubling by February 15th then a reversal in a fibonacci retracement fashion to mid level level by March 10th with a bounce up and then resettled in the same area by April 20th then holding above the upper of a VWAP band until its reversal a week later. At...
NIO is shown on a 4H chart. It has been downtrending for 3 months. Howver, April and May has high relative volume trying to reach the capitulation of a bottom. Thursday May 4th marked a near term bottom. NIO is now rising and breaking out of a falling wedge drawn onto the chart. It has crossed over the POC line of the volume profile ( This is the price...
Nio has finally setup a nice BEARISH F FLAG. Watch for a break below the flag. Short at the break and follow thru with a new leg extension. There is a gap that needs to be filled at $4.78
• NIO is trying to reverse the trend on the 1h chart, as now it is above the 21 ema, which is ascending; • What’s more, NIO just filled one of its gaps at $8.29, but it seems this area is acting as a resistance now; • The problem is that we don’t see a clear bullish structure, like a higher high/low yet. This gives the impression that this was just a short-term...
TSLA here in on a 30-minute chart. It is in a channel that has as its basis the 42 ( 7x6) EMA with the upper and lower bands the 2.618 Fibonacci extensions of the basis value. Accordingly when hitting the lower band, there is a high probability of reversal to trending up. Conversely, when hitting the upper band, the price is highly probable to reverse into...
On the 30-minute chart, I have drawn the upper (red) and lower (green) trendlines of the descending parallel channel. While it had been riding the upper edge of the Fibonacci/ EMA channel, it has reversed and headed toward the base EMA with the candles green to red. The zero-lag MACD indicator lines crossed above the histogram while the True Strength...
strategy short trend NIO delivered 6,658 vehicles in April 2023, increasing by 31.2% year-over-year NIO started the delivery ramp-up of the EC7 in late April 2023 NIO delivered 37,699 vehicles year-to-date in 2023, increasing by 22.2% year-over-year Cumulative deliveries of NIO vehicles reached 327,255 as of April 30, 2023 SHANGHAI, China, May 01, 2023 (GLOBE...
NIO has descended into its demand zone as shown on the 2H Chart. It is now above the POC line of the near-term volume profile. I will take a trade here setting a stop loss of 7.33 below the near-term high volume area. The first target will be 7.6 which is approximately the anchored VWAP ( thick black line ) confluent with the POC line of the...
Nio is in a dangerous zone, it recently broke down its bearish f flag. the stock has been in a downward channel with many bearish flags continuing to play out, a new leg has been created. the target now is the leg of the previous leg of the previous flag. there is also a support from 2019 which also correlated to the price target of $3.88. continue to short from here.
Most people invest their money in these 3 companies, NIO, LUCID, Rivian, or all of them because they had missed the opportunity to participate in the inflationary phase of the Tesla Bubble..! Unfortunately, now the deflationary phase of the bubble overlap, and they are coming down on the latitude mode..! People who invested in these stocks have lost more than...
Nio stock broke the support line and bearish flag and is heading lower. First target is at a gap that hasn't been filled at $4.75
falling cycle -54.71% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240...
DESCRIPTION: The following chart is an micro analysis based of technicals & current PSNY US TOUR that can soon prove to be a bullish catalyst for the next big bounce. POINTS: 1. Deviation between Supply & Demand Pockets remains at 1.50. 2. $3.25 is CRUCIAL SUPPORT THAT MUST HOLD. 3. Break past $4.00 threshold by April 19th is necessary for bullish case to take...
Taking another stab at Nio this time by looking at the monthly chart .... According to Investopedia a Falling Wedge "occurs when a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide...
I'm gambling on $NIO looking for a double floor here on $8.5 .