Price took liquidity at 8.84 and broke market structure to the upside. Following the bullish momentum on the lower timeframe, I'm expecting price to continue higher, potentially into the bearish POI at 13.22 next.
NIO has been performing quite well in terms of fundamentals this past quarter -- and price has started aligning to it. NIO broke out of the weekly down trendline bouncing off major order block support at 7.0 to 8.0 levels. A significant reversal to the upside is inevitable. On the weekly data (histogram), it has created a significant higher lows multiple times...
I'm expecting NEO to hit aroudn $10.50 then climbd to 12.00 at which point i am exiting call options and will re-enter shortly thereafter. Neo has is bouncing off the longest term trendline that exists which was created shortly after the IPO. Chgeck out my DOCUSIGN POST that could be a cow. Also I have January 30 Calls on NIO - check out the profitability if...
Nio Inc is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
falling cycle -54.71% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240...
Price played out nicely as analyzed last week. Price has invalidated the bullish POI at 9.53. I'm expecting price to continue lower into the bullish POI at 8.69 before we see price continuing higher following the order flow.
Taking another stab at Nio this time by looking at the monthly chart .... According to Investopedia a Falling Wedge "occurs when a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide...
Nio broke the big downtrend and pullback. now i think trend turn the bullish. first target 13 $. Nio open new "neo house" in diffirent european countries. nio Nio Inc. delivered 31,041 vehicles in the first quarter, with 10,378 of those deliveries in March, it announced over the weekend.The quarterly delivery figure was up 21% from a year before it should be...
Price did not play out as analyzed last week. Price has broken market structure to the upside. Following the bullish order flow, I'm expecting price to make a bearish retracement into the bullish POI at 9.53 before continuing higher, potentially into the bearish POI at 13.22.
NIO broke long term down trend yesterday and broke long term resistance of $10.67 today. Next resistance $12.38 in a few months.
Double bottom support, and close to breaking MAJOR downtrend. Volume seems to be confirming on daily, ideally get a big push on increasing volume, then low vol pullback making a higher low.
I'm gambling on $NIO looking for a double floor here on $8.5 .
Price consolidated since my last analysis. Price previously left an equal lows at 8.03 behind and is now trapped between that and the clean highs at 9.70. Right now, it's unclear where price will move, but I'm expecting the equal lows to be taken with the intention of mitigating the bullish POI below.
The potential will be insane if it happens. You should not miss this chance which is once in a while. Just wait till it breaks the decreasing trendline, then buy and live happily ever after!!
Price played out nicely as analyzed last week. Price has just created equal lows at 8.03 and I'm expecting them to be taken for price to mitigate the bullish POI at 7.90 before a retracement to the upside.
Higher lows on the RSI and lower lows on the price + volume decreasing I think we may see volatility soon. Particularly interesting as this is a multi year support. First target $9.50; depending on the reaction could see it continue to $14.50 over few months
Nio has formed a major bearish head and shoulder pattern. The neckline has also been compromised signaling further downside. Price Target is the length of the head to the neckline, thus equating to a price objective to about $5 for the first target. There is a Also a gap at the 4.88 level too.