$XPEV: Short term setup could evolve into longer term idea

By IvanLabrie
Updated
Brief look at EV names here, I like the setups across the board and specially like the low correlation to QQQ as of late, and relative strength of China in particular.

Best of luck!

Cheers,
Ivan Labrie.
Order cancelled
Chinese names gapped way beyond entry, and directly at the target intraday, might stagnate here or reverse, depending on broad market action.
snapshot
Trade active
snapshot
Finally triggered over resistance as expected.
Trade closed manually
I have a feeling that the move in China is overdone...in general.
Beyond Technical AnalysisChart PatternskeyhiddenlevelslabrietradingtimeatmodeTrend AnalysisxpengXPEV
IvanLabrie
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