XPeng Inc.Long
Long Xpeng towards $85
XPEVPrice has touched support at $56, even dipping just under towards $55 before rebouncing.
Possible double bottom before XPeng takes off towards $85
Very possible and likely price for XPeng in the near future.
I am liking the decrement of gap between XPeng and NIO.
This narrow gap of competition would push these Chinese EV higher.
I have not been analysing Li because I prefer XPeng and NIO.
Either ways, good entry for XPeng now with potential gain of $20 per share
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.