Long on $Nio A long NYSE:NIO Idea driven by intuition but needs some patience - Share your ideas with me! Cheers! Longby Xx_DarkSoul56_xXUpdated 9914
NIO | Nio inc Key levels NIO | Nio inc Key levels NYSE:NIO Nio will remain bullish above $5 Bottom support is $3.19 below $5 Longby XDataAnalystUpdated 6623
NIO Shares Surged Over 9% on Sales Growth ExpectationsNIO Shares Surged Over 9% on Sales Growth Expectations As evidenced by the NIO stock price chart, yesterday's trading closed at $4.93, while today the NIO share price is around $5.40, indicating an increase of over 9%. According to MarketWatch, the rise is driven by expectations that the Chinese electric vehicle manufacturer's deliveries are likely to reach record levels. The existing record was set in July last year when the company achieved monthly sales of 20,462 cars. However, analysts believe this result could be surpassed in May this year due to ongoing discounts on new cars and batteries. The daily chart of NIO shares today shows that the price is in a long-term downtrend (indicated by the red trend channel) due to the global decline in demand for electric vehicles. However, there are fundamental reasons to expect that the downward trend will be broken: → China is intensifying its efforts to develop electric vehicles – the State Council has presented an action plan for decarbonisation. → This month, the International Monetary Fund raised its forecast for China's economic growth in 2024 from 4.6% to 5%. Technical analysis of the NIO stock chart shows that: → The price is in a downtrend and below the median line, which can be expected to provide resistance. → Resistance may also be encountered at the $7 per share level, which acted as support at the end of 2023. → The $4.77 level has changed its role several times but has provided support over the past 10 days, giving the bulls a foothold. → The minimum C is at the 50% level of the A→B impulse, which is a sign of a bull market. On June 6, NIO will present its report for the first quarter of 2024. If the report is strong, it could give the bulls more confidence and lead to attempts to reverse the long-term downtrend. Buy and sell stocks of the world's biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen115
BottomingWe are failing to correct the rise since mid April. This pattern may become a cup and handle like one with a good upward potential when we can exceed the March top.Longby motleifaul116
NIONIO : buy Open: 4.90 SL: 3 TP: 10 =============================== NIO, Inc. is a leading holding company specializing in the development, manufacturing, and distribution of electric vehicles (EVs). Founded by Bin Li and Li Hong Qin on November 28, 2014, the company is headquartered in Jiading, China. NIO's innovative lineup includes the EP9 supercar and the ES8 7-seater SUV, showcasing its commitment to cutting-edge automotive design and technology. In addition to its exceptional vehicles, NIO offers a range of services to enhance the ownership experience for its customers. These services encompass home charging solutions, power express valet services, and access to public charging infrastructure. Moreover, NIO provides convenient options such as mobile charging trucks and battery swapping, ensuring uninterrupted power availability for its users. Beyond vehicle and charging services, NIO prioritizes customer satisfaction by offering value-added services like comprehensive service packages, flexible battery payment arrangements, and assistance with vehicle financing and license plate registration. With its dedication to innovation, customer-centric approach, and robust product portfolio, NIO stands poised to revolutionize the electric vehicle market and drive sustainable transportation solutions into the future.Longby ahmedqotb1981Updated 7
Taking long after pullback* RSI heavily overbought 4h tf * VOLUME starting to cool off * Pullback after impulse!Longby devigriffelUpdated 12
Nio Speculationfor the nex WeeksPotential move for the next 3 Weeks Volume: A significant volume bar indicates the most recent price drop and signals a potential capitulation phase. Not Fininacial Adviceby a-abdullahUpdated 1114
NIO 8 AFTER EARNINGS !! NYSE:NIO Record Delivery Expectations: NIO shares soared over 9%, hitting $5.40 on record delivery expectations. Analysts foresee surpassing last year's high due to discounts. This indicates a positive market response to NIO's potential performance, which could lead to a higher stock price. Market Sentiment: The market's response to NIO's earnings reports has generally been positive, with the stock price rising after strong earnings reports. This suggests that if NIO continues to report strong earnings, the market could respond positively, potentially pushing the stock price towards $8. Strong Quarterly Earnings: NIO has shown strong financial performance in the recent past, with its stock price rising after reporting strong earnings. This indicates a positive market response to its financial performance, which could lead to a higher stock price in the future. Increased Price Targets by Analysts: Analysts have increased their price targets for NIO, with some predicting a potential rise to $8. These optimistic forecasts suggest that the market and analysts have confidence in the company's future growth and performance. Positive Industry Outlook: The electric vehicle industry is expected to continue growing, driven by the increasing need for sustainable transportation solutions. As a leading player in this space, NIO is well-positioned to benefit from this industry growth, which could lead to a higher stock price. Innovative Product Line: NIO is poised to add two sedans to its offerings this year. This expansion of its product line could drive sales and revenue growth, potentially leading to a higher stock price. Longby NYRUNSGLOBAL0
Cup and handle on NioCould this be relevant for the next move? The good news on the Chinese EV market could send NIO up one more time. USA EV seems stuck on environmental issues.by apostolpavelmanuel116
NIO: A Strong Technicals and Growth CatalystsMonthly Chart Analysis: Since July 2020, NIO has successfully closed the Fair Value Gap (FVG) and reclaimed its position above the resistance line of a falling wedge. This breakout is crucial, indicating a potential reversal of the previous downtrend. Moreover, the monthly Relative Strength Index (RSI) falling wedge has been convincingly breached, accompanied by a bullish Morning Star candlestick pattern. Similar price action in October 2019 led to a remarkable surge of over 300%. Two Weeks Chart Analysis: On the shorter timeframe, NIO has broken out of a smaller falling wedge, suggesting an imminent move towards the $7 zone. However, the technical indicators hint at a more significant upside potential. Notably, the two bullish confirmations on the two-week chart, coupled with the RSI breakout, underscore the bullish momentum. Upcoming Catalysts: In addition to the technical strength, fundamental factors further support the bullish thesis. NIO's partnerships, positive sales trajectory, and expansion into the European market are poised to drive growth. Moreover, the anticipation of NIO's entry into the US market adds to the positive sentiment. Risk Factors and Entry Strategy : While the outlook appears promising, it's essential to acknowledge potential risks. Shorters should exercise caution as the stock is undervalued, and attempting to short might be risky. Instead, focus on long positions, particularly at opportune entry points. Look for corrections around $4.6, with potential support at $4.17. Alternatively, consider entry points near strong support levels such as $5.3 (0.5 Fibonacci retracement) or $4.65 (0.382 Fibonacci retracement). Personal Strategy and Disclaimer: Personally, I entered positions at $4 and $3.9, with a stop-loss set at $3.6 to manage risk. I plan to take profits at $10 and $16, aiming for reasonable gains without succumbing to greed. In conclusion, NIO exhibits strong technicals and promising growth prospects, making it an attractive opportunity for bullish investors. Exercise diligence, manage risk, and stay informed to capitalize on the potential upside. I am not a financial advisor, and this analysis is based on personal research and observation.Longby MarketSphereUpdated 3320
Learn Why Ignoring the Signs Costs You!Key Points: Trendline Break: We’re poised to shatter the current trendline, potentially pushing prices to $10.2 much sooner than anticipated. Technical Convergence: The falling wedge trendline and the 50 MA on the 12-hour chart meet at a pivotal price point. Critical Resistance: Watch for a decisive close above $6. This could trigger a swift ascent towards $10.2, coinciding with the 200 MA. Historical Precedent: Market cap breakouts have historically led to an 84% chance of a price surge. Could we see a repeat of June 2020’s performance? In conclusion, NIO exhibits strong technical and promising growth prospects, making it an attractive opportunity for bullish investors. Exercise diligence, manage risk, and stay informed to capitalize on the potential upside. I am not a financial advisor, and this analysis is based on personal research and observationLongby MarketSphereUpdated 2
Nio EuroNio Euro EW Chartanalyse Einstieg Welle 5 Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus est Lorem ipsum dolor sit amet. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus est Lorem ipsum dolor sit amet.Longby crypto-manu776
NIO Long TermCharts like this are very simple. Accumulate in the green zone consistently. Soon volume will spike and price will explode. I think the explosion will come sooner rather than later as it seems this last down move could be the potential final wash out. Either way, there will come a day when price leaves the green zone and heads towards ATH and possibly beyond. Patience will be rewarded. Longby Derian669
Market psychology chart of $NIO stock:Current Zone: We are in the 'zone of despair,' where weak investors feel fortunate to have sold. This emotional response typically indicates a significant turning point. Previous Activity: We successfully closed the Fair Value Gap (FVG) from July 2020, marking an optimal entry point. I anticipate the price will surge from here. Future Outlook: I predict that NYSE:NIO could drop to $3.85 to close the gap from June 2020 and complete the falling wedge pattern. The Relative Strength Index (RSI) suggests that the falling wedge is likely to break soon. From $3.85 or this level, I see the price potentially surging upward. Should we close below this, we could be heading toward the $2.90 zone Disclaimer: I am not a financial advisor. This analysis is for informational purposes only and should not be taken as financial advice.Longby MarketSphereUpdated 171727
May 1: Huge resistance, new low possibleNIO has rallied hard (like NASDAQ:TSLA ) reacting off the weekly order block and has arrived at an area of strong resistance. Even though it has broken out of the red declining trendline in the daily chart, it doesn't mean that it has made the ultimate bottom. It can make another connector ("the right shoulder"?) and keep extending to the downside for another leg lower like the white arrow. Whether it would just be a shallow pullback to retest the red declining line or back down to new low is still not clear. But most likely the rally would pause and turn lower here. I would not short it, not would I open any new longs. However, looking at NASDAQ:TSLA and the general US indices, another new low is totally possible.Shortby TraderBwaterUpdated 663
NIO ThoughtsThe idea is that NIO is in a wave 4 correction off the highs and has one more impulse up before it likely consolidates sideways for a long period of time.Longby cultureofwoods141421
NIO, doing LAST CALL for buyers at the current DISCOUNT PRICE!NIO is registering significant accumulation at the current price level. Net buy volume has increased significantly this past few days -- hinting of an incoming upside reversal. Higher lows creation on weekly data histogram has been created -- suggesting the current price point to be the last baseline before the coming series of ascend. The stock is currently hovering below the 78.6 FIB LEVEL -- a major order block where buyers converge. This is a discount area. Another key note: WEEKLY DOWNTREND LINE BREAK has materialized. HUGE HINT. Spotted at 7.00 TAYOR Safeguard capital always. FUNDAMENTAL NEWS: ______________________________________ NIO revenue for the twelve months ending December 31, 2022 was $7.143B, a 25.97% increase year-over-year. NIO annual revenue for 2022 was $7.143B, a 25.97% increase from 2021. NIO annual revenue for 2021 was $5.671B, a 127.59% increase from 2020. NIO annual revenue for 2020 was $2.492B, a 121.68% increase from 2019.Longby JSALUpdated 5541
NIO bottomLooks like bottom could be forming here for NIO, could be very interesting if it consolidates, forms an accumulation Educational purpose only Nfa Longby kaiju_crypto2
Knocking on hell gateNio price is very near purple trendline Crossing can be a strong signal for a recovery and a new bullish trend beginning I suppose it will fail to pass today, heading down to lower trend border at 5.60-5.40$ in the next daysby balinorUpdated 2214
$NIO STOCK 3 YEARS OF DOWNTREND POTENTIAL ENDING NYSE:NIO Has been on downtrend Descending channel for last 3 years and seems like its getting close to potential break out on Monthly TF! Upon successful break out expecting 300% gains in near future #NIO by Qudrat_Nasiri338
Nio - Bottom Call confirmed Now Pullback ABC then Big Long in 3Hello guys, Nio stock looks like to me as if we have seen a first impulse to the upside. Now we will see a ABC correction, of which we already saw wave A & B as an overshooting B.(Due to market being too bullish short term) Expect pull back today, prepare the longs between 4.36$-4.03$ Cheerls legendsLongby MrMoMoney113
Apr 18: a bottom is likelyWeekly shows that the wxy correction has erased all RSI divergence and price also stops at the weekly "order block". A high chance that we will reverse from here. Daily shows that the last leg is likely finished with 5 waves in a C wave. A break above the red declining line will increase the odds that the bottom is in. Very likely as it coincides with the reversal in TVC:HSI (Hang Seng) index.Longby TraderBwaterUpdated 121231
NIO - big picture viewPossible count for a finished corrective at an interesting price point. Now, the only issue here is the impulse count of the last C-wave. There is a slight overlap between the 1 and the 4, but it is just a slight overlap and the end of the 1 there is a sizeable wick, so I would allow that. The wave 5 here could also not be finished yet, but that's often difficult to tell on the last waves. Still, since the overlap is there, there are secondary alternatives to consider: The impulse isn't finished yet overall: And if we consider this to be a 3-wave move to the downside, we could get something like this: or even more up and down chaos like this: Should it make new lows There is an open gap at 4.70$ and the macro POC around 4$Longby TophatPandaMagicianUpdated 3311