NIU has the alpha candle for nowVolume is coming in, but not there yet. Price action is OK. Saw it @1.98
Trade ideas
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, we'll breach the previous 2W candle's low ($4.62) AND continue downward.
I have to reason to target $4 exactly; in fact I'm kind of expecting it to breach last year's low ($2.57) in the next six months.
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 motorcycles; and YQi series hybrid motorcycles. It also provides accessories and spare parts under the NIU brand name comprising scooter accessories, such as raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, and locks; lifestyle accessories, which includes T-shirts, coats, sweaters and hoodies, jeans, hats, bags, jewelry, notebook, badges, key chain, and mugs; and performance upgrade components that comprises of upgraded wheels, shock absorbers, brake calipers, and carbon fiber body panels. In addition, the company, through its NIU app, offers online repair request, DIY repairs, service station locator, theft reporting, and smart services, as well as NIU cover, which provides insurance services; NIU Care that offers maintenance and reserve services in offline service stations; and NIU Wash, which provides free wash coupon on a monthly basis. Niu Technologies sells and services its products through city partners and franchised stores, distributors, and third-party e-commerce platforms and the company's online store. As of December 31, 2021, it operated through 338 city partners and 3,108 franchised stores in approximately 239 cities in the People's Republic of China; and 42 distributors in 50 countries internationally. Niu Technologies was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
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 2020.
- Net profit hit CNY 91.8 million, representing a 61.6% growth, and the net profit margin was 9.7%.
- In Q2 2021, the company's sales volume hit 253,000 units (up 58.0%), with only 2.8% sales from overseas markets.
- Among the firm's major business, the revenue of electric scooters in the domestic market recorded CNY 758 million, representing a growth of 44.9%; its overseas revenue from electric scooters hit CNY 57.7 million, increasing 1.2% compared with 2020.
- The sales from low-priced models G0 and F0 represented 30.4% of total sales volume, declining from 38.2% in Q1 2021, with revenues pre scooter up 8.3% month-on-month.
- At the same time, Niu Technologies' sales and marketing expenditure reached CNY 68.9 million, showing an increase of approximately 51.1%; its R&D expenses hit CNY 30.8 million, with a rise of about 28.7%.
- By the end of August 16, 2021, the company's market capitalization was USD 1.7 billion (about CNY 11.0 billion), evaporating by CNY 15.4 billion.
NIU sell now or wait!It's a trade more risky! And first time when i use this strategy!
R/R 1/4, you can see SL zone of supp/trangle and Entry on chart!
Good luck this it's not a financial advice!
NIU Fundamentally NIU is one of the best electric scooter manufacturer brand in china, they increase sell in asia market every quarter of the year.
I have three price target for NIU
37 $ in the end of june
53 $ in the end of august
80 $ in the end of the year.
NFA.
Head and Shoulders Earnings 5-17 BMOEarnings 5-17 before market open,
Head and shoulders patterns do not always do well in a bull market. There can be more than one head and more than 2 shoulders in some cases.
After long bullish trends, the price rises to a peak and subsequently declines to form a trough.
The price rises again to form a second high substantially above the initial peak and declines again.
The price rises a third time, but only to the level of the first peak, before declining once more.
The first and third peaks are shoulders, and the second peak forms the head.
An inverse or reverse head and shoulders pattern is opposite that can signal that a downward trend is about to reverse into an upward trend. In this case, the stock's price reaches three consecutive lows, separated by temporary rallies. Of these, the second trough is the lowest (the head) and the first and third are slightly shallower (the shoulders). Inverse head and shoulder patterns do well in a bull market. The opposite is true in a bear market.
No recommendation
IDEA - NO POSITION. $NIU Target 40.50 for 28.21% $NIU Target 40.50 for 28.21%
This is just an IDEA and I don't have a position at this time... honestly... I'm eyeballing that 22.90 level... so I'm going to say short for this one, but anything can happen... That's why I have options in both directions. Nice profit range here...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
VCP formation for $NIUNASDAQ:NIU has good footprint forming a VCP in the last 13 weeks while above the 200 day moving average. Is not the best type because I like to see this with price also above the 20 and 50 day moving average, but still is worth to look at. Is very possible that a good rally is on the way. Also, the stock has a 92 rating for the IBD Relative Strength; one of the things a really want to see in a stock no matter what.
A good thing to add is that NASDAQ:NIU is in the top 10 with best WTD Alpha in the list Motor Vehicles & Passenger in Barchart.
The fundamentals aren't that great if you only look at the last quarter, but annually has a solid revenue growth.
Potential break up or downIf it breaks above trendline it will hit 43$ soon otherwise it will create a nice short opportunity down to 17$
Niu Technologies - In Wave 5Niu is in wave 5 uptrend after completes its wave 4 correction.
Bullish on this stock.
ABC Bullishwere yesterday and must have been received well.
No rising wedges in yearly chart.
I do not know why, but something is not adding up on this chart. Perhaps earnings interrupted the flow but I thought this would go down a bit lower.
I guess sometimes you have to just go with the flow (o:
Be safe
Not a recommendation.
NIU bullishIn a tight descending wedge, in a reversal zone, MACD and RSI curling up. Should be a strong run up
Selecting stocks to shorts as a hedge against uncertainty: NIU$NIU puts are cheap right now and I'm thinking this run (along with many others) needs a break. However I am irresponsibly long in leap option calls for certain blue-chip tech/auto collaborations. Volume is slowly dropping and bearish divergence is seeming prime for some correction. This is a great candidate for me to use as a short term hedge against political uncertainty, hyper-inflated market, and weird retail pump/dumps that are having a negative affect on some of my portfolio. While the elephant in the room is Tesla, puts are incredibly expensive and fundamentally speaking I would rather bet against a Chinese electric scooter company. I believe betting against Tesla is pretty much hoping for the whole blue-chip market to crash, as we approach 1 trillion MC I will probably worry about just that. Until then, I will begin hedging my plays here and there to protect my short term earnings. Others to look at for above average pull backs include $RIOT $DIS $SPCE $NIO.
