NIU has the alpha candle for nowVolume is coming in, but not there yet. Price action is OK. Saw it @1.98
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−0.03 EUR
−25.93 M EUR
441.36 M EUR
69.68 M
About Niu Technologies Sponsored ADR Class A
Sector
Industry
CEO
Yan Li
Website
Headquarters
Beijing
Founded
2014
ISIN
US65481N1000
FIGI
BBG00M977GZ5
Niu Technologies is a holding company, which engages in the provision of urban mobility solutions. It is involved in the design, manufacture, and sale of electric bicycles and motorcycles. Its product portfolio includes electric scooters and motorcycles, electric kick-scooters, and e-bikes. The company was founded by Wei Hua He, Yi Nan Li, Yi Lin Hu, Nelson Joseph, Cheng Dong Liu, and Yi Bong Zhang in September 2014 and is headquartered in Beijing, China.
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NIU could be sub-$4 by March (23% decline)NASDAQ:NIU has bounced up from its low of $2.57 in October.
BUT in early December, it tried to break $6 and failed.
Then we had a couple weeks of consolidation.
So far this year, we've tried to break above the previous 2-week candle, but it has failed so far.
I venture that by the end of January,
NIU | Nice Bounce Incoming | OversoldNiu Technologies designs, manufactures, and sells smart electric scooters in the People's Republic of China. The company offers NQi, MQi, UQi, and Gova series electric scooters and motorcycles; KQi series electric kick-scooters; NIU Aero and BQi series e-bikes; RQi and TQi series high-performance mo
Fun times aheadpretty good looking setup entries between 10.50 - 8'ish
first target around 17.9 if they gain it next is 26.3
if they gain 26.3 probably gonna see 43.
17.9 and 26.4 are enough for me to sell it and go look for some other stuff to buy.
Have fun and remember manage your risks
Cheers
NIU: Long term entryThis has done a beautiful 'give back all returns after the hype' or 'after a wave 1' in Eliot Wave theory.
NIU SHORT to next pivot point at $13,45 based on fiboshort at niu
weak chinese stock
next pt at next pivot with new 52 weeks low
short here
Symmetrical Triangle Long entry level is a break of the top trendline with an uptrend.
Consolidation pattern and can break either way. Just seems like it wants to break to the upside but no way to know for sure.
No recommendation.
Niu Technologies Announces Q2 2021 Financial ResultsIn Q2 2021, the company generated CNY 944.7 million in revenue, with a year-on-year increase of 46.5%.
According to Niu Technologies' Q2 2021 financial announcement:
- Revenue rose by 46.5%, reaching CNY 944.7 million.
- The gross profit margin was 22.7%, compared with 23.0% in the same period of
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