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Websim Technical Analysis, April 5, 2022: LONG NIO

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

NIO released fourth quarter 2021 earnings that missed analyst estimates. Dynamics linked to supply chain pressures throughout the year. The Shanghai-based company reported a net loss of 2.14 billion yuan (US $ 336.4 million) in the three months ended December 31. Analysts estimated a red of 1.51 billion yuan, according to Bloomberg consensus data. Revenue increased 49% from a year earlier to 9.9 billion yuan. The price of lithium has risen nearly 500% over the past year, adding cost pressures for EV makers. Chief William Li said: «We are still facing the challenges of increasing volatility in chip supplies, rising raw material costs, Covid, and the challenges in the changing international situation. 91,429 vehicles were delivered in 2021, which helped Nio achieve annual revenue of 36.1 billion yuan, in line with the projected 35.8 billion yuan. Just over 25,000 vehicles were shipped in the last quarter. Electric vehicle sales in China increased nearly 170% last year, according to data from the China Passenger Car Association. This underlines the potential of the Chinese market, which is the reference for the electric car sector. It is also important to note that the group has increased its 2022 sales forecast to more than 5.5 million, from a previous estimate of 4.8 million, in part because the tightening of the supply chain begins to loosen. which helped Nio achieve annual revenue of 36.1 billion yuan, in line with the projected 35.8 billion yuan. Just over 25,000 vehicles were shipped in the last quarter. Electric vehicle sales in China increased nearly 170% last year, according to data from the China Passenger Car Association. This underlines the potential of the Chinese market, which is the reference for the electric car sector. It is also important to note that the group has increased its 2022 sales forecast to more than 5.5 million, from a previous estimate of 4.8 million, in part because the tightening of the supply chain begins to loosen. which helped Nio achieve annual revenue of 36.1 billion yuan, in line with the projected 35.8 billion yuan. Just over 25,000 vehicles were shipped in the last quarter. Electric vehicle sales in China increased nearly 170% last year, according to data from the China Passenger Car Association. This underlines the potential of the Chinese market, which is the reference for the electric car sector. It is also important to note that the group has increased its 2022 sales forecast to more than 5.5 million, from a previous estimate of 4.8 million, in part because the tightening of the supply chain begins to loosen. 000 vehicles were shipped in the last quarter. Electric vehicle sales in China increased nearly 170% last year, according to data from the China Passenger Car Association. This underlines the potential of the Chinese market, which is the reference for the electric car sector. It is also important to note that the group has increased its 2022 sales forecast to more than 5.5 million, from a previous estimate of 4.8 million, in part because the tightening of the supply chain begins to loosen. 000 vehicles were shipped in the last quarter. Electric vehicle sales in China increased nearly 170% last year, according to data from the China Passenger Car Association. This underlines the potential of the Chinese market, which is the reference for the electric car sector. It is also important to note that the group has increased its 2022 sales forecast to more than 5.5 million, from a previous estimate of 4.8 million, in part because the tightening of the supply chain begins to loosen.

In fact, therefore, the accounts were below expectations but the guidance was raised. All this could result in a few sessions of volatility and then start up again. The more conservative could close the trade also given the presence of the weekend. For now let’s keep the long and see how it evolves.

Yesterday, NIO [NIO] closed at $23.85 (+8.8%). Today, in pre-trading, it is +2.5%. After the highs in the $70 area, the stock started a sharp decline that led it to break the 61.8% Fibonacci retracement at $26.28. The break confirmed NIO’s weakness by initiating further falls to the low of $13, with a loss from the highs of more than 80%. From $13, the stock has started a strong rebound exceeding $20. The accounts have taken profits on the stock. Up to $18.4, we are buyers. In the event of a downward break, the closing up of the gap on March 16th is possible.

We recommend going LONG on the stock by buying the Leverage Shares 3X NIO ETP (ISIN: XS2399365472) also listed on Borsa Italiana for a short term targets of around $26. Alert/stop loss should be below $18 (daily closing). From an investment perspective, however, we highlight the stock tracker certificates with 1x leverage (ISIN: XS2337093871).


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Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

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Violeta Todorova

Senior Research

Violeta se unió a Leverage Shares en septiembre de 2022. Ella gestiona la realización de análisis técnicos, investigación macroeconómica y de acciones, y ofrece información valiosa que ayuda a la definición de estrategias de inversión para los clientes.

Antes de unirse a LS, Violeta trabajó en varias empresas de inversión de alto perfil en Australia, como Tollhurst y Morgans Financial, donde pasó los últimos 12 años de su carrera.

Violeta es una técnica de mercado certificada de la Asociación Australiana de Analistas Técnicos y tiene un Diploma de Postgrado en Finanzas e Inversiones Aplicadas de Kaplan Professional (FINSIA), Australia, donde fue profesora durante varios años.

Julian Manoilov

Marketing Lead
Julián se unió a Leverage Shares en 2018 como parte de la principal expansión de la compañía en Europa del Este. Él es responsable de diseñar estrategias de marketing y promover el conocimiento de la marca.

Oktay Kavrak

Head of Communications and Strategy

Oktay se incorporó en Laverage Shares a fines de 2019. Él es responsable de impulsar el crecimiento del negocio al mantener relaciones clave y desarrollar la actividad de ventas en los mercados de habla inglesa.

Él vino de UniCredit, donde fue gerente de relaciones corporativas para empresas multinacionales. Su experiencia previa es en finanzas corporativas y administración de fondos en empresas como IBM Bulgaria y DeGiro / FundShare.

Oktay tiene una licenciatura en Finanzas y Contabilidad y un certificado de posgrado en formación empresarial de Babson College. También es titular de una certificado CFA (Chartered Financial Analyst).

Sandeep Rao

Investigación

Sandeep se unió a Leverage Shares en septiembre de 2020. Está a cargo de la investigación de líneas de productos existentes y nuevas, clases de activos y estrategias, con un enfoque particular en el análisis de eventos y desarrollos recientes.

Sandeep tiene una larga experiencia en los mercados financieros. Comenzó en un hedge fund con sede en Chicago como ingeniero financiero, su carrera abarcó varios dominios y organizaciones durante un período de 8 años, desde la División de Prime Services de Barclays Capital hasta (más recientemente) el Equipo Index Research de Nasdaq.

Sandeep tiene una maestría en Finanzas, así como un MBA del Illinois Institute of Technology de Chicago.

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