NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.
The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.
NIO recently raised almost $1 Billion of much needed capital.
Ahead of the $1 Billion, NIO raised an...
Description:
An analysis for the week ahead.
Points of Interest:
4-Day Island; Thursday Liquidation; Balance Area Below S&P 500 $2,975; Friday Corrective Action.
Technical:
Risk-off sentiment after equity indices erased an earlier gap that occurred on hopeful economic data. The island of balance left behind will offer resistance on any correction...
Highly speculative chart here but I think TSLA should run out of steam soon, lets assume a double top is possible but who knows if we will even get there. Maybe just a H&S? If Elon says overpriced, expect a pullback. "Stonks"...
🚨 Very critical price action move for the next big tesla play.
We did get our breakout to attempt to push up, but fakeouts can happen.
You're going to look for 926-930 to test for support. We are pretty much testing it now!
If this was a fakeout expect a big selloff. You can play aggressive here if you wanted to catch this as a level support only if the...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think Tesla is still a dip, but it is likely to be shortened even more. I believe the next buy target is at $850, and then you are looking at a possible retracement that can go all the way up to $1.2k by September. I feel...
Hello community;
We can see clearly with the Fib extension that the BULLS are going to stop pushing, and time for the Bears to enter the market.
The Bulls won't go really higher to touch the 1,618 level, but there is a probability for them to break the 100% level before coming back short.
Despite all the fundamental reasons to be bearish #Tesla - and there are many - technically this chart looks like a clean breakout and retest. If it holds, price looks poised for $1281, which is the 161.8% Fibonacci extension $TSLA $TSLAQ
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said a Tesla supplier just announced a 1.2 million miles lasting battery. This is huge news at it shows that EVs are trying to definitely (as we already know) outcompete the big players in terms of lifecycle of the car and...
