XPeng Inc.Long
XPEV - Start of wave 3?
XPEV ended an WXY corrective move down to finish wave 2. Two scenarios can play out here:
1- The corrective wave is over and we are at the start of wave 3 that will take us to a price of 119 (the 1.618 fib extension).
2- the corrective move is going to extend into WXYXZ.. with the second X wave ending below the first.
Either way we should be waving a nice wave up..
1- The corrective wave is over and we are at the start of wave 3 that will take us to a price of 119 (the 1.618 fib extension).
2- the corrective move is going to extend into WXYXZ.. with the second X wave ending below the first.
Either way we should be waving a nice wave up..
Disclaimer
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.
Disclaimer
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.