XPEV broke out of a bullish bilateral triangle and my initial target was reached this past week; but it still continues to look bullish as it broke through the resistance level at $40 and doesn't look to stop there. There could be a correction at some point as well, but now the $40 resistance level can act as support during this uptrend.
XPEV could run up to the $45-$46 soon, a break above that price level could result in the price going as high as $50 in the near-future.
XPEV could run up to the $45-$46 soon, a break above that price level could result in the price going as high as $50 in the near-future.
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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.