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Websim Analysis, March 18, 2022: LONG NIO

NIO delivered 6,131 vehicles in February 2022, an increase of 9.9% over the previous year. As of February 28, 2022, cumulative deliveries of ES8, ES6 and EC6 reached 182,853 vehicles. The business of the Chinese EV group is therefore confirmed as growing. The news is also good that the NIO stock is now present with its Class A common shares on the Stock Exchange of Hong Kong. A necessity probably linked to the issue of the possible delisting of the American ADR. In this regard, the best news comes from China as the Chinese government has announced never-before-seen monetary and fiscal policy operations to support the Chinese economy as well as announced to also support foreign-listed securities, such as NIO.

NIO [NIO] yesterday closed at $18.82 (+0.4%). Today, in the After Hours, it is -3%. 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%. The first signs of recovery in strength have come in the last few sessions even if there is still a long way to go. The $20 level is to be monitored. Exceeding this resistance could open up further rises towards $26.

We recommend going LONG on the stock, especially on the overcoming of $20 at the end, 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 $16.5 (daily closing). From an investment perspective, however, we highlight the stock tracker certificates with 1x leverage (ISIN: XS2337093871).


The information provided by Websim, a division of Intermonte SIM, a company authorised by CONSOB to provide investment services and registered in the Italian SIM under no. 246, are obtained from sources deemed reliable (of which the company is not able to guarantee the absolute completeness and accuracy) and in any case, if there are doubts about their reliability, this will be clearly indicated. The main purpose of the site is to provide a set of updated and accurate information, studies and analyses in compliance with the provisions of the « recommendations » in current legislation and does not represent a « solicitation to invest » pursuant to art. 1, paragraph 1, lett. t) of Legislative Decree 58/1998.

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Violeta Todorova

Senior Research

Violeta a rejoint Leverage Shares en septembre 2022. Elle est chargée de mener des analyses techniques et des recherches sur les actions et macroéconomiques, fournissant des informations importantes pour aider à façonner les stratégies d’investissement des clients.

Avant de rejoindre LS, Violeta a travaillé dans plusieurs sociétés d’investissement de premier plan en Australie, telles que Tollhurst et Morgans Financial, où elle a passé les 12 dernières années de sa carrière.

Violeta est une technicienne de marché certifiée de l’Australian Technical Analysts Association et est titulaire d’un diplôme d’études supérieures en finance appliquée et investissement de Kaplan Professional (FINSIA), Australie, où elle a été conférencière pendant plusieurs années.

Julian Manoilov

Marketing Lead

Julian a étudié l’économie, la psychologie, la sociologie, la politique européenne et la linguistique. Il possède de l’expérience en matière de développement commercial et de marketing grâce à des entreprises qu’il a lui-même créées.

Pour Julian, Leverage Shares est une entreprise innovante dans le domaine de la finance et de la fintech, et il se réjouit toujours de partager les prochaines grandes avancées avec les investisseurs du Royaume-Uni et d’Europe.

Oktay Kavrak

Head of Communications and Strategy

Oktay a rejoint Leverage Shares fin 2019. Il est responsable de la croissance de l’activité à travers des relations clés et le développement de l’activité commerciale sur les marchés anglophones. 

Il a rejoint LS après UniCredit, où il était responsable des relations avec les entreprises pour les multinationales. Il a également travaillé au sein de sociétés telles qu’IBM Bulgarie et DeGiro / FundShare dans le domaine de la finance d’entreprise et de l’administration de fonds.

Oktay est titulaire d’une licence en finance et comptabilité et d’un certificat d’études supérieures en entrepreneuriat du Babson College. Il est également détenteur de la certification CFA.

Sandeep Rao

Recherche

Sandeep a une longue expérience des marchés financiers. Il a débuté sa carrière en tant qu’ingénieur financier au sein d’un hedge fund basé à Chicago. Pendant huit ans, il a travaillé dans différents domaines et organisations, de la division Prime Services de Barclays Capital à l’équipe de recherche sur les indices du Nasdaq (plus récemment).

Sandeep est titulaire d’un master spécialisé en finance et d’un master en administration des affaires de I’Institut de technologie de Chicago.

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