NIO bottomLooks like bottom could be forming here for NIO, could be very interesting if it consolidates, forms an accumulation
Educational purpose only
Nfa
NIO trade ideas
$NIO STOCK 3 YEARS OF DOWNTREND POTENTIAL ENDING NYSE:NIO Has been on downtrend Descending channel for last 3 years and seems like its getting close to potential break out on Monthly TF!
Upon successful break out expecting 300% gains in near future
#NIO
Nio - Bottom Call confirmed Now Pullback ABC then Big Long in 3Hello guys, Nio stock looks like to me as if we have seen a first impulse to the upside.
Now we will see a ABC correction, of which we already saw wave A & B as an overshooting B.(Due to market being too bullish short term)
Expect pull back today, prepare the longs between 4.36$-4.03$
Cheerls legends
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.
Nio Bottom - Slow Grind OutHello Guys,
I as count the waves here in the bottom for NIO,
I See us grinding out there slowly with a first 5 wave count and a following abc.
I am looking forward to see if this setup will play out as I see it.
Kind Regards,
Your Mr Mo Money
$NIO - $3 Price Target (Weekly Chart)Bearish Channel is intact on the Weekly Chart. Heading lower in the longer time frame with a Support Zone from 3.56 to 2.37. The mean reversion of this zone puts the price target object to around $3. Bear flags have been setup for continued downside. Short on flag resistance for continue leg down. Short at break of flags.
$NIO - $1.50 Price Target at BEAR GAPThere are two gaps below which the stock is heading. First gap is at $2.50 and 2nd gap at $2.50. Nio is trending lower in its downward channel with lower highs and lower lows.
NIO collapsing - A very screwed up management which may goes to NIO is a good company, ruined by these two, CEO and CFO who are best friend. who kept spending money like crazy and unnecessary projects.
Not focusing on pushing for sales of the car but instead doing stupidity technology that will only drain the company cash flows.
A very screwed up management which may goes to ZERO
Is Nio Inc Class A ADR (NIO) the opportunity of a lifetime?If you would like to be notified whenever I post a new article, just click "FOLLOW" at the top. Also, if you would like to discuss a particular topic in more detail or need some advice, please comment below the article and I will be happy to help you.
Is Nio Inc Class A ADR (NIO) the opportunity of a lifetime?
Although NIO's recent performance may seem disappointing, it is important to evaluate the company's performance in relation to the electric vehicle industry as a whole.
For example, the S&P Kensho Electric Vehicles index has declined 7.2 percent over the past year. In addition, major electric vehicle companies by market capitalization have suffered significant declines in value, thus showing that NIO is not the only one affected.
And in fact, NIO's decline is not even the worst, with Rivian (RIVN) suffering an even more drastic drop.
Although the outlook may seem bleak, I have confidence for the future of NIO. One example is the fourth-quarter figures for 2023, in which the company's actual revenues increased by 7.2 percent, exceeding the forecast of $2204-2289 million.
If this trend were to be repeated in the first quarter of 2024, NIO would see a 4.8 percent increase in revenues instead of a contraction.
There is good news on the way for NIO, in addition to the success of the quarter just ended. CEO William Li recently unveiled their innovative new long-life battery pack with a special 14-hour event.
Now, mass production of this pack has officially begun and should become available for purchase as early as next quarter.
To make the purchase of their ET5 sedan more affordable, NIO has decided to offer the battery pack only in rental mode. However, customers also have the option of buying the car without the battery pack, making it a cheaper option and increasing the company's competitiveness.
This strategy has been extremely successful in 2020, increasing sales by 20 percent.
After a long wait, the stock finally reached $4, a price I personally find attractive. I am ready to buy and invest right now. The new arrival of the super battery could give the company a further boost and make it stand out over the competition.
Evaluating a company is a complex process that requires financial knowledge and experience. For this reason, it is always advisable to rely on a professional advisor instead of trading on your own. A good option is TRADINGVIEW, an excellent platform that can help you with your investment strategy.
Using the data provided by Trading View, you can get a general analyst rating on a stock. As you can clearly see in the image below, the stock is currently much lower than its actual value.
After careful analysis of the potential market outlook, I decided to invest in the stock with a target of $8. To maximize my gains in a possible long-term sideways phase, I chose to buy an investment certificate that offers a monthly coupon of 1.5 percent if the price remains above 3.05 euros.
The ISIN code is CH1314029567 and it is worth less than the nominal price of 1,000 euros which makes it very attractive.
In my opinion, this company cannot fail, for two reasons: it has significant liquidity and government support.
Because of the financial resources and government support, the company has solid liquidity.
We look forward to seeing you in the next article! And remember, for successful trading always rely on Tradingview: an indispensable tool that can help you avoid serious mistakes during your trading operations.
NIO SHORT to $5.70, then $4.0 NIO - Chinese automaker
Fundamental
According to carnewschina.com in Q1 2023 year NIO sold 31,041 EVs - 2.46% only.
"Nio is currently having difficult times in China. Because of the price war, its sales declined, resulting in a noticeable revenue decrease. So, Nio was forced to also join the price war by cutting the cost of every model by 30,000 yuan (4,200 USD). They are obviously in need of keeping the customers’ demand high. The newly launched ET5 Touring can help them for a short period. But station wagons don’t sell hot in China. So, Nio has to push its international deliveries to start as soon as possible."
read NIO to hit the Europe soon. - I can't believe it. European market is not empty. Volkswagen, BMW, Tesla, Toyota, Honda, Hyundai and many others sell a lot right now. Top EU Electric Cars
I watched a lot of presentations, reviews. Nio EV's are really good. But the prices..
Y/Y
Gross Margin % 7.73
Operating Margin % -37.06
Net Margin % -35.01
Income -2463.40M
Sales 7.03B
Cash is melting, debt is growing.
Technical
NIO's chart goes down in the channel.
Just now price is
- near the top level of downtrend channel - Resistance $10.5
- RSI 23 is 63% (bounced from 70%). Always when RSI is on this level the price falls 30% min.
- next strong support level is $5.70
Conclusion
NIO chart is going down in the channel.
Buy for $5.70, then $4.0 and keep for 2-3 years.
NIO Inc. (NYSE: NIO) as of April 2024Overview
NIO Inc. remains a luminary in the electric vehicle cosmos despite its gravitational pull back in share value, slicing through 54.7% of its price since the commencement of 2024. The current tapestry of NIO's performance is interwoven with robust delivery figures and innovation despite the financial turbulence it navigates.
Technical Indicators and Patterns
Fibonacci Retracement: The stock's journey unraveled a retreat to a key Fibonacci level, with the price nestling close to the 0.382 pivot point at $4.82, indicative of potential support.
Ichimoku Cloud: Price action delved below the Ichimoku Cloud, signaling a bearish climate; however, the thinning cloud ahead could forecast a shift in momentum.
Volume: A conspicuous volume bar correlates with the latest price decline, hinting at a potential capitulation stage.
RSI (Relative Strength Index): The RSI lurks near the 30 threshold, teetering on the edge of oversold territories, suggesting that the selling tide may be reaching its ebb.
MACD (Moving Average Convergence Divergence): The MACD line treads below the signal line, yet the histogram displays a contraction in bearish momentum, potentially preluding a bullish crossover.
OBV (On-Balance Volume): The OBV line showcases resilience, maintaining an uptrend despite price depreciation, suggesting underlying strength.
Correlation with Recent Developments
NIO's crescendo in vehicle deliveries interlaces with the technical narrative, presenting a juxtaposition of operational triumph against the backdrop of fiscal adversity. The enhancement in delivery numbers serves as a beacon of growth amidst the dense fog of market skepticism.
Price Speculation
The confluence of technical indicators and fundamental developments furnishes a speculative thesis that NIO's price could witness a rebound, aiming for the 0.618 Fibonacci retracement near $6.30 as a medium-term target, aligning with the optimistic side of analyst projections.
Market Sentiment and Forward-Looking Statement
The analysts' cauldron brews a potion of mixed sentiments, yet the concoction's average potion suggests a magical ascend to approximately $8.74. This spectral target, conjured from the current alchemy of price and sentiment, would inscribe a renaissance on NIO's price chart.
Conclusion
As the celestial event of the upcoming earnings report on June 14th, 2024, approaches, the marketplace gazes through its telescopes with bated breath. The anticipated revelations will serve as the crucible in which NIO's future prospects are either transmuted into gold or lead. Stakeholders clutch their charts and runes, hoping the financial oracles will chart a course towards the fabled lands of profitability and sustainable growth.
$NIO - BEAR FLAG has broken - 1st PT is $3Have you shorted yet? Did you sell before the flag breakdown? As I have been discussed in my previous chart, there are bearish flags setting up. 1st target is around $3. Remember length of the flag pole = Measured downside. Continue to sell on strength with more downside profit
NIO about to become SINGLE DIGIT StockGap between $9-10 range and local resistance is rejecting the price really well.
Next major support is also untested and price could reach there since there is no EXHAUSTION VOLUME.
and rest...
Idea well explained in the chart.
This is not a financial advice.
NIO long, 110% UPSIDE POTENTIALTook a long on $NIO.
Tight stoploss at $4,25 with a take profit at 110%.
Nio looking primed for a move Possible large move in Nio in the next few days, the bears are losing steam
NIO 1W my EW count think we hit the bottom for nio here.
that should conclude wave2 (ABC) for wave 3 i aim for 110$ and wave 5 could be 130$ or higher , waiting for wave 3 to finalize first
Nio: Home Stretch 🏁Nio is now trading around the level of March 5. According to our primary expectation, the share is likely to fall below this level once again before the magenta-colored wave (C) and thus the superordinate beige-colored wave II comes to an end. Only when this low has been established should the stock return to a sustainable upward structure. Initially, the blue wave (i) should ensure a rise above the resistance at $7.02.
DemandThis is good strong demand level And we will be in a better place with this team and we are confident that the future will look better
NIO STOCK Parabolic Mega Squeeze is About to HappenHI it's Mr.P From YT. Here is a bullish wedge and we are reaching the apex and could see an explosive breakout very soon! I have more in depth analysis on my YT
NIO Heading For Upper $3s: Epic Long SetupNYSE:NIO close on Friday (3/23) exposed it to lower lows. Elliot wave theory works in both directions and this time it's a long setup. My PT is $3.90 for entry in April, partially based off of old trading from 2019-2020 and mostly based off of what you see on the chart. GL!
