Ascending Triangle on NIO, might run up in the morning. Don't forget to play with caution today because of quad witching. PT 1: $47.80, PT 2: $48, PT 3: $48.25 Not Financial Advice just my personal opinion.
Hello Traders, We have successfully achieved 27% gain in the last NIO trade ( bit.ly ) NOW, we will wait to see how the resistance will react IF NIO breakout the resistance we will enter with a target 46$-51$ as in the chart. IF failed we will wait it again in the red line for a possible trade. Have a great day Traders. *** This is not a financial advice, I'm...
TICKER CODE: NIO Company Name: NIO Inc. Industry: Consumer Cyclical | Auto Manufacturers | China Position Proposed: BUY Technical Analysis 1. Large Pennant / Falling Wedge (Forming) 2. The market will potentially fall to either Fibonacci Retracement at 0.618 (Golden Zone) 0.786 (Silver Zone) 3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit...
If $NIO breaks out of the descending triangle here it has a big possibility of turning Bullish.
Hello there, If NIO can close above the RED line, we can see a wave to the GREEN line in the upcoming days with a +27% gain possibility. *** This is not a financial advice, I'm still a beginner trying to share my Road here. Than you.
Nio is forming text book EW ABC correction after large impulsive move I would estimate the last 5 wave are actually part of a larger wave 1 and the ABC correction is the larger wave 2 pull back and after NIO finds a bottom we will push up for Wave 3 of the larger wave heading for $137 or the 1.618 fib extension.
As long as the price stays above the dotted-green "trendline" (Pitchfork 0.5), we are Bullish. Consider $35.50 as the next resistance. If you find my analysis useful and helpful, please do consider subscribing and liking my work. This helps me stay motivated. For any questions or comments, do let me know! -- For educational purposes only. Do your own research...
Bullish Harmonic pattern, possibly marking the end of wave 2 and beginning of wave 3 of an elliot wave.
NIO AB=CD Bullish 4hr 1/3.25 risk-reward for TP 1. SL outside of Triangle to make sure you don't get stopped out.
As you saw in my previous post, the price was in an upward trend at £37.83. I analysed that the upper declining trendline/resistance would be broken on the next approach and the price will rocket up to $45. The price did indeed smash through the upper resistance and has since made highs of $42.95 and still rising fast! We will see $45 in the coming days as the...
NIO has had a great 2 days run, without any correction. Now you can see correction took it down to $38.74 from $40.45, It did not fall below out upper trendline meaning it is being respected, the price is already rising beautifully. I expect price to close above $40 for a second confirmation of the bull momentum.
As you can see from my post yesterday, the price is moving exactly as predicted. We have hit £40 now and next target is $45.00 Hold you LONG positions!
As you saw in my earlier ideas, NIO has had a huge correction over last few months. After the huge drop to $32, we saw pullback. We then saw 3x more drops to $34, this is now support. The price then dropped to $35, a higher low. Then we saw price $36, another higher low. As you can see the bottom is now in and major resistance levels formed at $36.50, $36, $35...
NYSE:NIO NYSE:XPEV NYSE:TM NIO has broken out of the triangle and given us bullish confirmation as I predicted. SM shows the squeeze has been released with positive movement, Golden cross of the 21 and 50 EMA shows overall movement is bullish movement. With the event till the 28th, I'm very confident we will at LEAST hit the first two PTs. First price I am...
- $22 gap was filled today (4/19) and this stock is preparing for a gamma squeeze into earnings. - Potential gap fill above $30+ - We are also sitting at a major support level which is a perfect entry to long! I would look to long and get 5/21 contracts tomorrow morning. 5/21 option contracts are very well priced so I'd suggest grabbing these dates as it'll give...