Bearish on NioNio broke $5.0 support. Its in a downtrend channel and a bearish breakout of a H&S pattern will be confirmed upon market close. Next target is $4.22 support.
The RSI and MACD are also heading lower.
NIOD trade ideas
NIONIO has recently completed a classic 5-wave impulse structure, signaling the end of an upward trend phase. Currently, the stock is in a corrective phase, with waves A and B likely completed and wave C in progress.
Monitoring is essential as wave C concludes; once the correction finishes, we can anticipate a potential bullish reversal and the start of a new uptrend. If NIO holds above key support levels, it could be an opportune moment for entry.
Stay tuned for updates as we approach the completion of wave C, confirming the next movement in this cycle.
Back to 3.70 if H/S breaks downHead and shoulder formed, awaiting breakdown. If confirmed, good support at 3.70. Can go as low as 2.50.
NIOThis is the chart against the Index.
On the left side of the chart you see the strong rally. If you are trying, like me, to catch the likely power trend with NIO, just keep patience. Has to break the key level and catch up the WMA5. If it goes, it should be easy, as the trend will bring you to the upside of the structure.
Will see.
Trade safe
NIO Performing HnS PatternNIO is one of famous Chinese stocks as EV car producer
With booming news about Chinese liquidity and news about EV car in China, this stock create massive upside. But now news is just not expect with trader and price down much then performing HnS
If support broken we will see $3 area
NIO Stock Outlook BullishNIO, a leading Chinese electric vehicle maker, is gaining attention with a recent surge in vehicle deliveries, up 35.4% year-over-year in September 2024. The company delivered 61,855 vehicles in Q3 2024, setting a new record. NIO has also launched its new mass-market SUV, the ONVO L60, and secured a major investment of RMB3.3 billion for its NIO China subsidiary. Despite these positive developments, the company still faces profitability challenges amid its revenue growth. Investors continue to see strong upside potential for NIO as it expands in the EV market.
Despite the recent pullback, as reflected on the chart, the price has stalled at a key support level. In my view, trading volumes remain elevated, signaling significant interest and suggesting that many investors may be viewing this as a favorable entry point while the stock is still perceived as undervalued. Overall, I maintain a bullish outlook on NIO. Please feel free to reach out if you require further information or assistance.
This is not financial advice.
NIO : Are The Stakes High Now ?I trust Fibo Ret here and I can be pretty sure and conclusive that we can reach ENTRY 2 WITH FORCE if we fail to range at ENTRY 1, Then right to TP2 if ENTRY 2 is reached or TP1 if only Entry 1 is touched.
ITS SIMPLE , WE NEED A DISCOUNT BUT WE NEED IT PREMIUM.
NIO Elliott-Wave updateShowing short-term-divergency on the RSI. Im expecting a move to the upside in the next days, forming an Elliott-Wave(b).
Nio looking at $7 before hitting any technical resistanceNio looking at $7 before hitting any technical resistance, first profit target $7, and next profit target $9. NIO is severely undervalued compared to Lucid, Tesla, Rivian, trading at 1.2x PS.
Harami?I will check, whether it is a Harami building today. Probably it is not a Harami as the lower lunt ist to long. Nevrtheless it is not a confirming candle but a reversal one.
I am selling some NIO stocks now. The rise seems to have been to fast and the downward correction may still continue a bit longer.
Nio Elliott-Wave and Indicator analysis
#Nio is looking good on the 4h.
Im waiting on an Elliott-Wave a-b-c type structure. Afterwards I can get into the market if I want.
NIO Inc Falls Hard! All Targets Hit in 15-Minute Short TradeTechnical Analysis: NIO Inc – 15-Minute Timeframe (Short Trade)
NIO Inc presented a strong short trade opportunity, with an entry at 6.76. The price has reached all profit targets, confirming the strength of the bearish trend.
Key Levels
Entry: 6.76 – The short trade was initiated at this level after a clear bearish signal.
Stop-Loss (SL): 6.83 – Positioned above resistance to guard against potential reversals.
Take Profit 1 (TP1): 6.68 – The first target was reached, confirming the initial bearish momentum.
Take Profit 2 (TP2): 6.54 – Continued downside pressure pushed the price to this level.
Take Profit 3 (TP3): 6.41 – The bearish momentum carried the price to this target.
Take Profit 4 (TP4): 6.32 – The final profit target, marking a successful and complete trade.
Trend Analysis
The price remained well below the Risological Dotted trendline, affirming the strength of the bearish trend. The steady selling pressure helped achieve all targets, indicating strong downward momentum in favor of sellers.
The short trade on NIO Inc has concluded successfully, hitting all targets, with the final target at 6.32. The clear downtrend and guidance from the Risological Dotted trendline ensured a profitable trade.
NIOThis is my vision: I believe that after breaking the bottom of support (BOS), there will be a pullback. At around $4.50, it will be the right time to invest and hold onto it for 20 years. See you on the yacht later, neighbors!
Nio retracement done, hitting support.Nio had a volatile month like most other Chinese stock, but they are still fully broken out of the downward trend line, and are now testing the support. Need to pay close attention to the movement around the support line.
EV NIO USDTo get something straight, I'm not interested to invest into the vehicle industry market, especially not when the asset is held in USD.
The pattern may end up in a Crow pattern (explained by Timothy Sykes).
As for now and ever it will follow the path of least resistance.
backup snap
Closing the gapPrice is going down to green support where a gap is waiting to be closed
Around 5,50$ price will probably reverse moving up to blue trendline
NIO: Losing a Critical Support Level!Daily Chart (Left):
Resistance at $6.05: The price lost the $6.05 level, which was previously acting as support along with the 21-day EMA. This rejection led to the current bearish momentum.
Support Level at $4.97: After failing to hold $6.05, the stock is likely to retest the $4.97 support level. A break below this could signal further downside momentum.
Downward Momentum: The 21-day EMA is curving downward, suggesting increased selling pressure. The bearish candle confirms a rejection from the $6.05 level, indicating a potential continuation to the downside.
Weekly Chart (Right):
Double Bottom at $3.61: On the weekly chart, there is a clearly defined double bottom formation near $3.61. This level served as strong support in the past, and the stock has bounced from this area.
Failure to Hold $7.71: The weekly chart shows a failure to hold the breakout above $7.71, which has led to a sharp pullback. The 21-week EMA is acting as dynamic support, and the stock is now trending downward, seeking this key poínt - which is very close to the $4.97 support observed on the daily chart.
Summary:
NIO appears to be in a bearish phase, especially after the rejection at $6.05. The next key level to watch is the $4.97 support on the daily chart, near the 21-week EMA. If this level fails to hold, there could be a continuation down towards the $3.61 level, where the double bottom pattern on the weekly chart provides a stronger support zone. If the stock can find support and bounce from these lower levels, wwe could see another buying opportunity, but for now, the sentiment is clearly bearish. NIO would have tto react quickly, closing above the $6.05 resistancce in order to reject this bearish thesis.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
Possible parabolic move on NIO!?🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
BTFD Buy the dip dont trip NIO Still has more appreciation in price before meeting market expectations by what analysts on wall street say. Trump win good for China as a trade deal already in place. Valuations are at extreme value-stock valuation levels based on earnings multiples. Prices went parabolic and overshoot in many but some are still budding. Some pullback is expected so buy the dip. Also, the finance governor in China didn't say he was not going to use the bazooka he just said he didn't have a specific plan, but still affirmed a "Bazooka" massive stimulus.
$NIO - Price Target $2.36, Short on Downtrend OPPORTUNITYDowntrend still intact. Short at the the top of downtrend for a max profit at $2.36 major support and at the bottom of channel.
NIO bullish breakout on high volume
Nio has broken the 5 month downtrend channel on high volume following good earnings. Next target is $5.65
