NIO STOCK PREDICTION [2020] | Should You Buy This Dip Or Wait For It To Pull Back Further?

Описание: In this video, we'll dive deep into the world of NIO stock and do a NIO STOCK PREDICTION as of November 14th, 2020.

I'll go through a full look at the price history of this stock, from our 2018 IPO around $5, all the way up through where we are now, with peaks above $50, and I'll give you my next price predictions.

With NIO stock moving exponentially over the last few months, many people have it on their mind, and want to buy into it before the next big push happens again.

We'll start off by adding some simple support & resistance lines to the chart.

After that, I'll move into trendlines and try to frame the market with one or more of those.

Third, we'll pull out my favorite geometry tool - the pitchfork. We'll see how these pitchforks have controlled price history in the past, and where they may land in the future.

Finally, we'll dive into Fibonacci retracements, see how they've been a key technical analysis tool in the past, and see how they may still drive the price action of NIO at these current price levels. We can also use these to help us find a future price target.

I'll end the video by putting all of these technical analysis tools together, giving you a couple of key confluence zones to look for, as well as some high potential retracement zones and targets.

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// WHAT TO WATCH NEXT

Elliott Wave Theory Tutorial - Part 1:
   • ELLIOTT WAVE THEORY (Part 1): The Three Ba...  

Pitchfork Tool:
   • PITCHFORK TOOL (For Beginners) - Trading W...  

Fibonacci Extension Tool:
   • FIBONACCI EXTENSION TOOL (For Beginners) -...  

Fibonacci Retracement Tool:
   • FIBONACCI RETRACEMENT [For Beginners] - Th...  

Technical Analysis 101 (Candlesticks):
   • Technical Analysis 101 (Part 1): How To Re...  


// TIMESTAMPS
00:00 Introduction
1:35 Support / Resistance
8:18 Candlestick Pattern Observation
9:20 Trend Lines / Parallel Channels
10:45 Pitchforks
13:05 Fibonacci Retracements
17:45 Confluence / Reversal Zones
20:55 Short-Term Potential Position
21:25 Summary / Outro


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