Price target for NIO is $21. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Analysis done on 30 minute and daily candles. Electric vehicle shares rallied today with NIO being one of the leading performers after their announcement to have a second listing on the Hong Kong Exchange. This is good news for investors because means the company will be able to bring in more capital from a new pool of investors. 2021 was a very tough year for NIO...
First off, I would like to preface this position with the concrete evidence of NIO further positioning itself as the primary EV of choice of the Chinese population. The market in which they are already expanding in has potential to result in return, especially long term that will be incredibly lucrative. Furthermore, as society and the political spectrum further...
Re-entry here for me on NIO after T.P at 37 and 45. Looks a good area risk vs reward imo with some bullish/bottom indicators flashing. Money flow, MACD, RSI and trading around key long term fib (potential downside to $25 but plenty of potential upside). ** NOT TRADING ADVICE **
Just looking at the chart NIO looks weak AF right now. Im a beginner soo please dont take this too serious. have a great 2022!
NIO is in consolidation for long time after big upwards price action in form of falling wedge/channel. Currently sitting on weekly support with oversold condition on RSI. Notice that NIO stock price rise after every visit to/near oversold area, which offers good bounce trade setup here.
For NIO I’m seeing a potential long term falling wedge. I’m going to play this with a tight stop as we are at the potential bottom of the wedge. This is a longer swing play
Hello there, As you can see in the chart NIO is approaching the 0.618 Fib level, and a previous support around 26$ We will enter this trade once NIO touched the 0.618 Fib level and bounce and we will ride all the way up. Our SL will be breaking this level. Our Target: Sky is the limit. Cheers.
A triple top is evident on NIO The first top caused a test on 4.618, this will likely act as a support with the current top that has formed and contributing to the breakdown Entry at 4.618
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!
NIO is completing the 4th wave in 7 a swing sequence. Price might end up at about $23.20 area as long as we don't got below $16.48 we should see a bounce to the upside to new Highs! So we will look for Buys once we have reached the blue box area.
Expect LONG on NIO on long-term perspective, from a HTF point of view price is squeezing right now into a bullish triangle that should be broken to the upside way above 40.00 level. For a better long opportunity wait for the price to consolidate above psychological area 40.000 bullish confirmations and go LONG. What do you think ? Comment below..
Looks like NIO is currently forming right shoulder. Target $46.5 on breakout.