Nio Inc NIO Investment Advice

Source: Stock Traders Daily

Longer Term Trading Plans for NIO
  • Buy NIO over 35.09 target 47.15 stop loss @ 34.99 Details
  • The technical summary data tells us to buy NIO near 35.09 with an upside target of 47.15. This data also tells us to set a stop loss @ 34.99 to protect against excessive loss in case the stock begins to move against the trade. 35.09 is the first level of support below 37.82 , and by rule, any test of support is a buy signal. In this case, support 35.09 would be being tested, so a buy signal would exist.

  • Short NIO under 47.15, target 35.09, stop loss @ 47.29 Details
  • The technical summary data is suggesting a short of NIO as it gets near 47.15 with a downside target of 35.09. We should have a stop loss in place at 47.29though. 47.15 is the first level of resistance above 37.82, and by rule, any test of resistance is a short signal. In this case, if resistance 47.15 is being tested, so a short signal would exist.

Swing Trading Plans for NIO
  • Buy NIO over 39.83, target 47.15, Stop Loss @ 39.71 Details
  • If 39.83 begins to break higher, the technical summary data tells us to buy NIO just over 39.83, with an upside target of 47.15. The data also tells us to set a stop loss @ 39.71 in case the stock turns against the trade. 39.83 is the first level of resistance above 37.82, and by rule, any break above resistance is a buy signal. In this case, 39.83, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short NIO near 39.83, target 37.53, Stop Loss @ 39.95. Details
  • The technical summary data is suggesting a short of NIO if it tests 39.83 with a downside target of 37.53. We should have a stop loss in place at 39.95 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 39.83, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for NIO
  • Buy NIO over 38.59, target 39.83, Stop Loss @ 38.5 Details
  • If 38.59 begins to break higher, the technical summary data tells us to buy NIO just over 38.59, with an upside target of 39.83. The data also tells us to set a stop loss @ 38.5 in case the stock turns against the trade. 38.59 is the first level of resistance above 37.82, and by rule, any break above resistance is a buy signal. In this case, 38.59, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short NIO near 38.59, target 37.53, Stop Loss @ 38.68. Details
  • The technical summary data is suggesting a short of NIO if it tests 38.59 with a downside target of 37.53. We should have a stop loss in place at 38.68 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 38.59, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

NIO Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Weak Strong Strong
P1 0 0 35.09
P2 36.96 37.53 47.15
P3 38.59 39.83 61.19

NIO Long Term Analysis for September 15 2021


NIO Swing Trading Analysis for September 15 2021


NIO Day Trading Analysis for September 15 2021

The support and resistance levels for Nio Inc (NYSE: NIO) define prudent trading and investing plans, which are revealed herein.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for NIO change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if NIO is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for NIO too.  All of these are offered below the Summary Table.

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