$NIO TOP 20
Added 2023-09-19 12:29:43 +0000 UTCWe have waited exactly 4 weeks for a catalyst to come along and bring this down lower to our $9 target at the 0.78 Fib in order for wave C of Wave 2 to complete and it finally looks like we have got that now.
The previous low (wave A finished at $9.48) so we want to see the price go to at least this level or lower and I will be happy with the structure.
The target has always been the 0.78 Fib, just at $9.
In case there is a very large flush at the opening, the lower Fib and final Fib of 0.88 is at $8.04, if for whatever reason this is not held then we need to expect the price to move down to $7 again....but we are a long way from that point right now.
The plan has not changed, $9 is my plan to buy regardless.
I believe the market will not labour on too long with this public offering as it appears to be a sensible move to reduce debt at lower interest rates....but many will still be spooked and the market may also take advantage of this.....and we will take advantage by buying as part of our strategy.
I have no issues with my current projection above and I have no reason to doubt it, Wave 2 coming in earlier than expected is a good sign.
So this is a real test for members, when the masses panic, we take advantage.
Comments
some of TLI’s recent comments on NIO: August 23 - $10.88 - needs to stay above $10.23 August 24 - $10.64 - we may go to $13 before we go to $9.8 September 1 - $10.92 - Price will now go down. Will add around $9 September 8 - $10.08 - average is $10.7 September 20 - $8.75 - the target has always been $9
Eric Gammarino
2023-09-21 03:53:36 +0000 UTCHas your EOY target changed since the announcement of the $1 billion convertible debt offering? If so what do you expect to happen? I know technicals can only go a long way, macros and offerings have to play a part in the SP obviously.
Samih Ajami
2023-09-19 22:58:13 +0000 UTCLooking forward to the spin on this HUGE sell off. Some wave 2….something ain’t right here.
DoubleD
2023-09-19 19:59:55 +0000 UTC✅
Steve Suric
2023-09-19 18:46:54 +0000 UTCAh, holding this stock sucks big ones sometimes. It’s been nothing but downhill for a long time now. No other choice but to hold.
G
2023-09-19 17:39:45 +0000 UTCDude it’s not about NIO. Read what the guy is saying and the response. I swear NIO people can only think and see NIO NIO NIO. To be fair, TLI has the most accurate charts and is one of the best. I’ve seen what Harris is talking about worse on other charters, especially the day trading ones. The never wrong. They lose you tons saying buy puts and then 10 mins later get out. Then later that night they will post they made hundreds because they magically bought the puts at far less than all their followers. So they were successful. Never wrong! If you see a Jacob over on Twitter don’t follow that dude. I been doing well (2 years of looking at charts myself) with the long Investor. I use stop losses though. I’ve sold near the tops and bought at the dips in PayPal a bunch. With Nio I wouldn’t enter without a tight stoploss. I’m not going to marry this stock.
Trader_MattPro
2023-09-19 17:17:28 +0000 UTC8.71! Convincingly broken down your newly/magically created 9.10 level too! Still won't accept being wrong? Reading your charts and commentary from early August makes me laugh as much as it has made me cry ever since joining here.
Haris
2023-09-19 17:04:14 +0000 UTCLooks like $8.04 is on the table next.
Trader_MattPro
2023-09-19 17:03:02 +0000 UTCAdded 8.99
Kristof Van Nevel
2023-09-19 16:45:53 +0000 UTCLook oversold
Stephanie
2023-09-19 16:45:43 +0000 UTCunlucky
Numan
2023-09-19 16:45:26 +0000 UTCStill think it can be 20 by year end? LOL
MK
2023-09-19 16:23:19 +0000 UTCLet’s see if 9 holds!
Be Blessed Enterprise
2023-09-19 15:55:58 +0000 UTC2k shares added today!
Be Blessed Enterprise
2023-09-19 15:42:27 +0000 UTCAdded 9.01
Be Blessed Enterprise
2023-09-19 15:42:08 +0000 UTCI added at 9.61 and 9.41. I will see and wait after FOMC tomorrow.
Be Blessed Enterprise
2023-09-19 14:39:37 +0000 UTCAdded 9.17
Stephanie
2023-09-19 14:24:30 +0000 UTCDo you still think $30 eoy?🤣🤣🤣🤣
Right Minded
2023-09-19 14:18:57 +0000 UTCyou’re right tbh
Numan
2023-09-19 14:10:32 +0000 UTCFirst nibble 9.50
Scott Glover
2023-09-19 13:53:09 +0000 UTCBtw of course chartist can be wrong. Market has the final word on everything.
Steve Suric
2023-09-19 13:49:14 +0000 UTCLike I said wait till EOY and then judge Gar by his charts. Btw it’s just a projection not a guarantee. That is true off all types of charts whether it’s a Elliott waves or traditional patterns. So far it’s still holding $9s. Barring any bad news from FOMC etc there “should” be no reason to go much lower. As the expression goes:” In short term stock market is a voting machine, in long term weighting machine.” Personally if we hit $15ish by NYE ill be happy.
Steve Suric
2023-09-19 13:47:44 +0000 UTCSteve that's a separate debate if NIO will do well long term or not - that is NOT the point why we join groups like these. Anybody can say anything if a stock will go up or down in the long-term, it's about WHEN to enter an investment/trade. That's the whole purpose of such groups. It's just funny that now whichever way NIO will go we will celebrate it that we "predicted" it lol. Right now the stance is it could go to 9, potentially even lower and also that it could go up lol. This means a chartist can NEVER be wrong! That's hilarious!
Haris
2023-09-19 13:30:01 +0000 UTCImo I'm buying on open
Scott Glover
2023-09-19 13:25:59 +0000 UTCHarris, I’m not going to pretend that I have all of the answers but look at it this way. NIO is producing 15-18,000 a month and have guided higher for 2024, Abu Dhabi investment group has invested $750million, now why would they do that if they didn’t do their due diligence? NIO is refi old debt with mew lower interest debt and the stock didn’t tank catastrophically… 10% is to be expected. If you holding shares honestly hold till EOY and make a judgment on the Cap’s chart. I got June 2024 $20 calls. Today will hurt but I got time. If you’re holding shares then just sit tight and breathe. JMO
Steve Suric
2023-09-19 13:15:25 +0000 UTCYou are talking about a chart that got invalidated 3 weeks ago and I explained what happened then, if you wish to go back and search that chart, then by all means go look at it. I have uploaded 15 charts of $NIO since, each day explaining where we are and what to expect.
Gareth Neary
2023-09-19 13:07:27 +0000 UTCI'll be happy if I get answers to the questions I have. I'm not bothered by how everyone else is feeling. Why not just answer the queries I have if it's all that simple and as predicted? After all, you do say to join your group to learn and when I ask something I never get answered specifically!
Haris
2023-09-19 13:03:48 +0000 UTCNothing has made sense to you only Haris. I upload Nio every day and if you are not getting it by now, I can not help you.
Gareth Neary
2023-09-19 12:57:49 +0000 UTCI thought u always said that if $10.20 breaks, the structure gets invalidated! Now we're talking 8s and 9s. Secondly, u said that people are naive not to expect a pullback from $16 - if that's the case, why did we buy in at $14.20 then? With all due respect, nothing has made sense in the past 2 months!
Haris
2023-09-19 12:55:08 +0000 UTC
