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Jsum
2021-12-23
Hmmm paying taxes, or selling the peak? I can't speculate as to his motivations but insider selling market wide has been pretty intense recently
Elon Musk’s Share-Selling Spree Tops $15 Billion
Jsum
2021-11-05
$PROPNEX LIMITED(OYY.SI)$
Who shorted 400k shares yesterday [捂脸]
Jsum
2021-04-22
Imagine having short positions on Nio even after seeing the massive trend upwards. Have fun catching those small drops with all the upward movements. Ouch.
It’s Time to Pump the Breaks on Buying Nio Stock
去老虎APP查看更多动态
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I can't speculate as to his motivations but insider selling market wide has been pretty intense recently","listText":"Hmmm paying taxes, or selling the peak? I can't speculate as to his motivations but insider selling market wide has been pretty intense recently","text":"Hmmm paying taxes, or selling the peak? I can't speculate as to his motivations but insider selling market wide has been pretty intense recently","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691468007","repostId":"1171631531","repostType":4,"repost":{"id":"1171631531","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640227092,"share":"https://www.laohu8.com/m/news/1171631531?lang=&edition=full","pubTime":"2021-12-23 10:38","market":"us","language":"en","title":"Elon Musk’s Share-Selling Spree Tops $15 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1171631531","media":"Tiger Newspress","summary":"Elon Musk on Wednesday unloaded more Tesla Inc. stock, bringing the total value of his share sales t","content":"<p>Elon Musk on Wednesday unloaded more Tesla Inc. stock, bringing the total value of his share sales to more than $15 billion since the billionaire last month began a string of such transactions.</p>\n<p>The sales came as Mr. Musk exercised more than 2.1 million Tesla stock options, according to regulatory filings late Wednesday. He sold more than 934,000 of the shares in the company he runs, valued at around $928.6 million, to cover tax withholdings, the disclosures state.</p>\n<p>The latest transactions are part of a plan Mr. Musk set on Sept. 14 to exercise options and sell shares. The options he’s exercised are part of a tranche of around 23 million vested stock options set to expire in August 2022. He has exercised about 21.3 million of those options.</p>\n<p>Mr. Musk said Wednesday on Twitter before the filings became public, “There are still a few tranches left, but almost done.”</p>\n<p>After setting the stock plan,Mr. Musk last month polled Twitter users about whether he should sell 10% of his Tesla stock; those who voted on the social-media platform endorsed the idea.The chief executive began exercising Tesla stock options and selling shares in the company on Nov. 8.</p>\n<p>Mr. Musk held around 170.5 million Tesla shares when he posted the Twitter poll and pledged to sell 10% of those holdings. He has sold around 14.8 million shares so far, leaving him at least a little more than $2 million in stock sales short to meet his commitment. The precise number depends on how he defines his ownership stake.</p>\n<p>Exercising Tesla stock options has netted Mr. Musk more shares than he held at the time of the Twitter poll. His Tesla stock holdings now top 177 million shares.</p>\n<p>Mr. Musk has a net worth of around $261 billion, making him the richest person on the Bloomberg Billionaires Index. He also has sold some stock over recent weeks not related to the stock options.</p>\n<p>Tesla’s shares slumped after Mr. Musk began his selling last month. The stock, which closed up 7.49% on Wednesday at $1,008.87, is down more than 17% from the day Mr. Musk took the Twitter poll.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s Share-Selling Spree Tops $15 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk’s Share-Selling Spree Tops $15 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-23 10:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Elon Musk on Wednesday unloaded more Tesla Inc. stock, bringing the total value of his share sales to more than $15 billion since the billionaire last month began a string of such transactions.</p>\n<p>The sales came as Mr. Musk exercised more than 2.1 million Tesla stock options, according to regulatory filings late Wednesday. He sold more than 934,000 of the shares in the company he runs, valued at around $928.6 million, to cover tax withholdings, the disclosures state.</p>\n<p>The latest transactions are part of a plan Mr. Musk set on Sept. 14 to exercise options and sell shares. The options he’s exercised are part of a tranche of around 23 million vested stock options set to expire in August 2022. He has exercised about 21.3 million of those options.</p>\n<p>Mr. Musk said Wednesday on Twitter before the filings became public, “There are still a few tranches left, but almost done.”</p>\n<p>After setting the stock plan,Mr. Musk last month polled Twitter users about whether he should sell 10% of his Tesla stock; those who voted on the social-media platform endorsed the idea.The chief executive began exercising Tesla stock options and selling shares in the company on Nov. 8.</p>\n<p>Mr. Musk held around 170.5 million Tesla shares when he posted the Twitter poll and pledged to sell 10% of those holdings. He has sold around 14.8 million shares so far, leaving him at least a little more than $2 million in stock sales short to meet his commitment. The precise number depends on how he defines his ownership stake.</p>\n<p>Exercising Tesla stock options has netted Mr. Musk more shares than he held at the time of the Twitter poll. His Tesla stock holdings now top 177 million shares.</p>\n<p>Mr. Musk has a net worth of around $261 billion, making him the richest person on the Bloomberg Billionaires Index. He also has sold some stock over recent weeks not related to the stock options.</p>\n<p>Tesla’s shares slumped after Mr. Musk began his selling last month. The stock, which closed up 7.49% on Wednesday at $1,008.87, is down more than 17% from the day Mr. Musk took the Twitter poll.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171631531","content_text":"Elon Musk on Wednesday unloaded more Tesla Inc. stock, bringing the total value of his share sales to more than $15 billion since the billionaire last month began a string of such transactions.\nThe sales came as Mr. Musk exercised more than 2.1 million Tesla stock options, according to regulatory filings late Wednesday. He sold more than 934,000 of the shares in the company he runs, valued at around $928.6 million, to cover tax withholdings, the disclosures state.\nThe latest transactions are part of a plan Mr. Musk set on Sept. 14 to exercise options and sell shares. The options he’s exercised are part of a tranche of around 23 million vested stock options set to expire in August 2022. He has exercised about 21.3 million of those options.\nMr. Musk said Wednesday on Twitter before the filings became public, “There are still a few tranches left, but almost done.”\nAfter setting the stock plan,Mr. Musk last month polled Twitter users about whether he should sell 10% of his Tesla stock; those who voted on the social-media platform endorsed the idea.The chief executive began exercising Tesla stock options and selling shares in the company on Nov. 8.\nMr. Musk held around 170.5 million Tesla shares when he posted the Twitter poll and pledged to sell 10% of those holdings. He has sold around 14.8 million shares so far, leaving him at least a little more than $2 million in stock sales short to meet his commitment. The precise number depends on how he defines his ownership stake.\nExercising Tesla stock options has netted Mr. Musk more shares than he held at the time of the Twitter poll. His Tesla stock holdings now top 177 million shares.\nMr. Musk has a net worth of around $261 billion, making him the richest person on the Bloomberg Billionaires Index. He also has sold some stock over recent weeks not related to the stock options.\nTesla’s shares slumped after Mr. Musk began his selling last month. The stock, which closed up 7.49% on Wednesday at $1,008.87, is down more than 17% from the day Mr. Musk took the Twitter poll.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846503844,"gmtCreate":1636091772013,"gmtModify":1636092247053,"author":{"id":"3571737416927887","authorId":"3571737416927887","name":"Jsum","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571737416927887","authorIdStr":"3571737416927887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OYY.SI\">$PROPNEX LIMITED(OYY.SI)$</a>Who shorted 400k shares yesterday [捂脸] ","listText":"<a href=\"https://laohu8.com/S/OYY.SI\">$PROPNEX LIMITED(OYY.SI)$</a>Who shorted 400k shares yesterday [捂脸] ","text":"$PROPNEX LIMITED(OYY.SI)$Who shorted 400k shares yesterday [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":2,"link":"https://laohu8.com/post/846503844","isVote":1,"tweetType":1,"viewCount":1809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":376691182,"gmtCreate":1619106574646,"gmtModify":1634288486362,"author":{"id":"3571737416927887","authorId":"3571737416927887","name":"Jsum","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571737416927887","authorIdStr":"3571737416927887"},"themes":[],"htmlText":"Imagine having short positions on Nio even after seeing the massive trend upwards. Have fun catching those small drops with all the upward movements. Ouch. ","listText":"Imagine having short positions on Nio even after seeing the massive trend upwards. Have fun catching those small drops with all the upward movements. Ouch. ","text":"Imagine having short positions on Nio even after seeing the massive trend upwards. Have fun catching those small drops with all the upward movements. Ouch.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376691182","repostId":"1156945327","repostType":2,"repost":{"id":"1156945327","kind":"news","pubTimestamp":1619084518,"share":"https://www.laohu8.com/m/news/1156945327?lang=&edition=full","pubTime":"2021-04-22 17:41","market":"us","language":"en","title":"It’s Time to Pump the Breaks on Buying Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1156945327","media":"investorplace","summary":"A battle is brewing inNio(NYSE:NIO). The electric vehicle maker has been battered by bears over the ","content":"<p>A battle is brewing in<b>Nio</b>(NYSE:<b><u>NIO</u></b>). The electric vehicle maker has been battered by bears over the past three months, driving prices lower by nearly 50%. But support has sprung up at the 200-day moving average as long-term bulls come to its defense. With earnings coming around the corner for NIO stock, traders may not need to wait long for a resolution to the tug-of-war.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa6c7393feb63f26696c1c19e935d8b1\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: xiaorui / Shutterstock.com</span></p><p>Today we’ll help you make a better decision on if, when and how you should trade NIO. The price is forming a textbook descending triangle pattern. That makes it easy to identify which price levels matter. Whether you bet with the bulls or the bears ultimately comes down to whether support or resistance blinks first.</p><p>Before dissecting the daily pattern, let’s first look at the weekly view to chronicle Nio’s journey thus far.</p><p>Examining the NIO Stock Charts<img src=\"https://static.tigerbbs.com/f7d8888f81fbc8e451b2330bf3cc5c84\" tg-width=\"1888\" tg-height=\"823\" referrerpolicy=\"no-referrer\">Source: The thinkorswim® platform from TD Ameritrade</p><p>Traders are relearning that momentum is a double-edged sword. If you’re going to be a long-term investor in riskier, high-growth stocks, then you have to be willing to stomach some gut-wrenching bear markets along the way. Watching your beloved investment lose half of its value in a few short months is difficult, but what do you expect out of a stock like NIO, which ballooned from $2 to $66?</p><p>Even after the recent thrashing, it’s still up an epic amount since last March’s trough.</p><p>One of the drawbacks to a parabolic ascent is it doesn’t leave much support when the stock finally turns lower. As a result, the inevitable correction is often quite severe. With the current decline, NIO broke its 20-week moving average and a prior support pivot. That makes this more than a garden variety pullback. But since we’re still above the rising 50-week average, I’d stop short of saying the weekly trend is decisively bearish.</p><p>Sellers hold the upper hand, but there’s still a chance this is a longer-term buying opportunity. Fortunately, the daily chart reveals the detail needed for mapping out a trade.</p><p>The dominant pattern on the daily time frame is a descending triangle pattern. It consists of a series of lower pivot highs that show overhead supply is increasing. Traders are officially in “sell the rallies” mode.</p><p>Until that reverses, it’s hard to get excited about the bullish prospects for Nio stock. It could be worse, though. Buyers are aggressively defending $34, which also hosts the 200-day moving average. With the apex of the triangle fast approaching, we should see resolution (up or down) soon.</p><p><img src=\"https://static.tigerbbs.com/329b966320ac91ecdd695c6a63416d4a\" tg-width=\"1899\" tg-height=\"820\" referrerpolicy=\"no-referrer\">Source: The thinkorswim® platform from TD Ameritrade</p><p>If we don’t see a breakout in the next week, the upcoming earnings announcement is sure to be the catalyst that completes the triangle.</p><p>Trading Choices</p><p>Guessing the direction of the eventual breakout is risky. Instead, I suggest waiting for confirmation to increase your odds of success. That ultimately leaves us with two trade ideas: one for bulls and one for bears.</p><p>Bulls should consider waiting until we breach resistance at $39.50 or $42. Pushing above either level will finally interrupt the series of lower pivot highs that has been in place since the stock peaked. If you want to keep the trade simple, buy shares. Otherwise, bull call spreads offer a more leveraged route.</p><p>For those looking to game the next down-leg, you must wait for a break of $34. History has proven there’s heavy demand for the stock at this price level. If it’s taken out, NIO stock has a straight shot to $29.</p><p>The wild card for both plays is the upcoming earnings report. If you’re unwilling to roll the dice into the event, then don’t.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It’s Time to Pump the Breaks on Buying Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt’s Time to Pump the Breaks on Buying Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 17:41 GMT+8 <a href=https://investorplace.com/2021/04/its-time-to-pump-the-breaks-on-buying-nio-stock/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A battle is brewing inNio(NYSE:NIO). The electric vehicle maker has been battered by bears over the past three months, driving prices lower by nearly 50%. But support has sprung up at the 200-day ...</p>\n\n<a href=\"https://investorplace.com/2021/04/its-time-to-pump-the-breaks-on-buying-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/04/its-time-to-pump-the-breaks-on-buying-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156945327","content_text":"A battle is brewing inNio(NYSE:NIO). The electric vehicle maker has been battered by bears over the past three months, driving prices lower by nearly 50%. But support has sprung up at the 200-day moving average as long-term bulls come to its defense. With earnings coming around the corner for NIO stock, traders may not need to wait long for a resolution to the tug-of-war.Source: xiaorui / Shutterstock.comToday we’ll help you make a better decision on if, when and how you should trade NIO. The price is forming a textbook descending triangle pattern. That makes it easy to identify which price levels matter. Whether you bet with the bulls or the bears ultimately comes down to whether support or resistance blinks first.Before dissecting the daily pattern, let’s first look at the weekly view to chronicle Nio’s journey thus far.Examining the NIO Stock ChartsSource: The thinkorswim® platform from TD AmeritradeTraders are relearning that momentum is a double-edged sword. If you’re going to be a long-term investor in riskier, high-growth stocks, then you have to be willing to stomach some gut-wrenching bear markets along the way. Watching your beloved investment lose half of its value in a few short months is difficult, but what do you expect out of a stock like NIO, which ballooned from $2 to $66?Even after the recent thrashing, it’s still up an epic amount since last March’s trough.One of the drawbacks to a parabolic ascent is it doesn’t leave much support when the stock finally turns lower. As a result, the inevitable correction is often quite severe. With the current decline, NIO broke its 20-week moving average and a prior support pivot. That makes this more than a garden variety pullback. But since we’re still above the rising 50-week average, I’d stop short of saying the weekly trend is decisively bearish.Sellers hold the upper hand, but there’s still a chance this is a longer-term buying opportunity. Fortunately, the daily chart reveals the detail needed for mapping out a trade.The dominant pattern on the daily time frame is a descending triangle pattern. It consists of a series of lower pivot highs that show overhead supply is increasing. Traders are officially in “sell the rallies” mode.Until that reverses, it’s hard to get excited about the bullish prospects for Nio stock. It could be worse, though. Buyers are aggressively defending $34, which also hosts the 200-day moving average. With the apex of the triangle fast approaching, we should see resolution (up or down) soon.Source: The thinkorswim® platform from TD AmeritradeIf we don’t see a breakout in the next week, the upcoming earnings announcement is sure to be the catalyst that completes the triangle.Trading ChoicesGuessing the direction of the eventual breakout is risky. Instead, I suggest waiting for confirmation to increase your odds of success. That ultimately leaves us with two trade ideas: one for bulls and one for bears.Bulls should consider waiting until we breach resistance at $39.50 or $42. Pushing above either level will finally interrupt the series of lower pivot highs that has been in place since the stock peaked. If you want to keep the trade simple, buy shares. Otherwise, bull call spreads offer a more leveraged route.For those looking to game the next down-leg, you must wait for a break of $34. History has proven there’s heavy demand for the stock at this price level. If it’s taken out, NIO stock has a straight shot to $29.The wild card for both plays is the upcoming earnings report. If you’re unwilling to roll the dice into the event, then don’t.","news_type":1},"isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":846503844,"gmtCreate":1636091772013,"gmtModify":1636092247053,"author":{"id":"3571737416927887","authorId":"3571737416927887","name":"Jsum","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571737416927887","authorIdStr":"3571737416927887"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OYY.SI\">$PROPNEX LIMITED(OYY.SI)$</a>Who shorted 400k shares yesterday [捂脸] ","listText":"<a href=\"https://laohu8.com/S/OYY.SI\">$PROPNEX LIMITED(OYY.SI)$</a>Who shorted 400k shares yesterday [捂脸] ","text":"$PROPNEX LIMITED(OYY.SI)$Who shorted 400k shares yesterday [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":2,"link":"https://laohu8.com/post/846503844","isVote":1,"tweetType":1,"viewCount":1809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691468007,"gmtCreate":1640228589812,"gmtModify":1640228766687,"author":{"id":"3571737416927887","authorId":"3571737416927887","name":"Jsum","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571737416927887","authorIdStr":"3571737416927887"},"themes":[],"htmlText":"Hmmm paying taxes, or selling the peak? I can't speculate as to his motivations but insider selling market wide has been pretty intense recently","listText":"Hmmm paying taxes, or selling the peak? I can't speculate as to his motivations but insider selling market wide has been pretty intense recently","text":"Hmmm paying taxes, or selling the peak? I can't speculate as to his motivations but insider selling market wide has been pretty intense recently","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691468007","repostId":"1171631531","repostType":4,"isVote":1,"tweetType":1,"viewCount":1261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":376691182,"gmtCreate":1619106574646,"gmtModify":1634288486362,"author":{"id":"3571737416927887","authorId":"3571737416927887","name":"Jsum","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571737416927887","authorIdStr":"3571737416927887"},"themes":[],"htmlText":"Imagine having short positions on Nio even after seeing the massive trend upwards. Have fun catching those small drops with all the upward movements. Ouch. ","listText":"Imagine having short positions on Nio even after seeing the massive trend upwards. Have fun catching those small drops with all the upward movements. Ouch. ","text":"Imagine having short positions on Nio even after seeing the massive trend upwards. Have fun catching those small drops with all the upward movements. Ouch.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376691182","repostId":"1156945327","repostType":2,"isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}