Nio is currently showing a pendant flag with a break out possibility. The correction impulse had ended on October before the Q3 2021 report and are currently building momentum for a 5 step impulse wave.
Drawing a visible range from the drawback from ATH , the price is currently extremely close to the strongest support for the year.
The ema 20,50,200 further...
NIO inc. a Chinese electromotive company is about to grow immensely. It almost finished its correction since january 2021.
Best opportuniny to long term invest after squeezing this trendline and breaking it.
The price should go to at least all time high price.
NIO capitalization at the moment (November 10, 2021) is 67 bil, there's plenty of room to make x10 at least!
Hi guys! Sharing my thoughts on NIO .
Long term investment based on technical analysis ( SUPPORT, RESISTANCE, FIBONACCI TOOLS and RETRACEMENTS, ELLIOTT WAVES THEORY)
I target the prices with a purple line .
Have a nice day everyone !!! Good luck !!!
Liking NIO going into the santa rally. $55 isn't out of the cards, but it has a lot of supply between 42.29 and 55.15. Pit stops along the way in 6-7 different places. Best case is to slice through 44 and get the momo/fomo crowd into it.
#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 is a Chinese car manufacturer, specialising in the design and development of electric vehicles.
Entry price: 32.10
Target price: 54.71
Stop loss: 28.5
The RSI indicator is very close to the oversold level. The William Indicator suggests that the market is in the downtrend, but it's a weak signal.
(In the event that the price of NIO doesn't...
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...
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
NIO on the weekly already fired off a squeeze, but in order to see if that squeeze will continue, we need to look at it from the daily time frame. On the daily time we can see that a squeeze and a crossover via the oscillator is about to occur. I think this is a great time to enter if you are later than others regarding NIO.
On a macro-scale, I think NIO is still in a correction and it will take time to get out of it. Currently, I think NIO is about to start the last leg of the '3' correction. If the length of C is equal to A, this puts the PT at $61-64.