update. I sold everything and am waiting to reposition lower for some profit and continuation of position. feel free to post your comments and share your oppinions. pls keep it clean and safe
Its very important as traders to keep both perspectives up on our chart or at least in the back of your head. We must always have a couple different perspectives. you can never just be a bull or just be a bear. I take another look at NIO to give you guys a fighting chance against the market. Enjoy and remember that taking profit is NEVER a bad idea. take the win...
This video was a request from NIOLONG who is hopefully killing it here! This is an update from my last video on this asset. Thank you guys for stopping in, Enjoy the video! Lets go bulls!
If you have a video request send me a PM and ill do my best to help you out. its free of charge.
Rigo
After getting in some new price action i show my primary elliot wave count with a potential roadmap.
I do show the bearish view as well because its very import ant to keep both in mind at all times.
If you have any suggestions or comment please post them below or send me a message thank you guys and gals
for your valuable time.
rigo
hey guys,
This video was intended to be a video analysis for NIO but quickly turned into a full blown elliot wave educational video for a follower of mine peterpecker. i go over fibonacci extensions and retracements and quickly on complex corrective structures and some rules as well. this is a quick look into elliot wave theory.
I didnt go over it in the video...
I came back to this chart because a fellow trader got caught up in a bad trade and we try and devise an exit strategy. I used elliot wave and fibonacci extensions to identify targets and helped to build a roadmap of where the price action may be going in the next week or so but ultimately its up to him to make the call. Good luck guys and gals. please try to build...
This analysis was requested by Casperghost. Its important for us to use different tools to help identify a trade. especially in charts that dont have much price action compared to other names with lots of history. in this example i used fibonacci retracements, elliot wave, rsi, chart patterns, support zones to help build a roadmap for what we can expect from...
NIO top looks set and tomorrow is likely to be a dily inside bar. I didn't get to play this trade unfortunately but it's very encouraging to your TA confidence to see your analysis be proven right and to see a 37% followthrough on the setup. Congrats to the NIO bulls - no FOMOing in at these levels
NIO has a key resistance test first thing tomorrow, I'd love to see this break on big volume - 7million shares++
If followthrough can take us to our key weekly level 8.59 we have a lot of space without much resistance
