A descending triangle is a bilateral pattern, meaning the stock could move either way. XPEV broke out of this triangle on the weekly chart, and I am now bullish on the stock.
If it is able to break the $35 resistance level , I think it could run a bit.
If it is able to break the $35 resistance level , I think it could run a bit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.