Trading Idea – Entry Point 10.5/61.80%
Category: NIO – NIO
NIO Limited
Building 20
No. 56 AnTuo Road Anting Town Jiading District
Shanghai 201804
China
86 21 6908 3306
http://www.nio.comSector: Consumer Cyclical
Industry: Auto Manufacturers
Full Time Employees: 7,442
NIO Limited designs, manufactures, and sells electric vehicles in the People’s Republic of China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater electric SUVs. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, the company offers charging solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Mobile, a mobile charging service through charging trucks; Public Charger, a public fast charging solution; and Power Express, a 24-hour on-demand pick-up and drop-off charging service. Further, it provides value-added services, such as statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance services; courtesy car services during lengthy repairs and maintenance; and roadside assistance, as well as data packages. NIO Limited has a strategic collaboration with Mobileye N.V. for the development of automated and autonomous vehicles; and collaboration agreements with various manufacturers for the manufacture of ES8, a six or seven-seater high-performance electric SUV. The company was formerly known as NextEV Inc. and changed its name to NIO Limited in July 2017. NIO Limited was founded in 2014 and is headquartered in Shanghai, China.
NIO Stock Chart Fibonacci Analysis 020323
Trading Idea – Entry Point 11.5/61.80%
NIO Chart Fibonacci Analysis 011223
Day Trading Idea – Entry Point 10.71/61.80%
NIO Chart 112822
Trading Idea – Entry point 11.63/61.80%.
NIO CHART 061620
Hit the 423.60% resistance.
NIO CHART 060220
Now stops at 4.71/261.80%. If go over this resistance, 4.98 and 6.24 are next target prices.