xpevholding the puts on this stock still, fibonnaci retrace back to 1. around 39.5. if 40 is broken close the puts
XPEV/N trade ideas
xpev still short on xpev bought more puts today, i think xpev will not go above this resistance, i will take the L if it goes above this resistance but i doubt it. targets around 32.
XPEV TARGET REACHEDXPEV CALLS HAVE PRINTED OVER THE LAST TWO WEEKS!! I POSTED a chart over a week ago of XPEV breaking out of a bullish triangle, I said it could run to the area of resistance I marked at roughly $40.
I initially bought 5 06/18 $36 calls (.56 ea) on 05/26
Today they are valued at (4.32 ea) and have reached my target for a gain of 672% or profit of $376 per contract.
XPEV st buy$XPEV should at least test the dtl.
Above the dtl-there is much room to the upside.
RSI shows a bullish divergence and is rising.
SL the lower tl...
XPEV- target almost reachedOn 06/01, I posted a chart of XPEV breaking out of a bullish descending triangle.
I am still holding my XPEV June 18th swing positions until my target of $39.88 is reached.
XpevAnother amazing selling oportunity here. I think it will not go higher mybe it could but after a pullbck
Upward Swing XPengWatching $36 closely. Possibly breaking up to challenge $46 resistance.
Last 3 weeks of small uptrending candle bars with relatively steady low volume seems to committed on the upward swing.
Support at $29.50 .
XPEV Bullish Descending TriangleA 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.
XPEV over the 50D emaXPEV reclaiming the 50 day EMA, and broke out of a falling wedge. this should be a nice long oppertunity
XPEV BreakoutOn the Daily Chart, we have potential breakout from XPEV. We have broken the resistance from the downtrend and moved above the Point of Control from the Volume Profile. The increasing volume is an additional indicator that XPEV is ready to launch if we stay above this POC.
Looking for continuation to our entry price @ 36.84
Targets are set just under the heavy volume levels given from the volume profile.
1st Target: 43.40
2nd Target: 46.60
Stop Loss: 30.00 (under POC)
XPEV to 39 BoolishXPEV looking amazing. Breakout of large wedge and 78.6% fib level resistance with volume and MACD bullish divergence. Above 33.50 should see 39 easy
XPEV - Buying OpportunityXPEV Price has broken the downtrend channel.
Look for the pull back to find better entry
Remember to do your own research.
NFA
$XPEV - Descending wedge break out target $60On the verge of breaking out from bullish descending wedge.
Target $60
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Chinese EV Stock Xpeng XPEV Has A Bullish PotentialXpeng XPEV violated the downward trend line with a bullish strength and momentum.
XPEV could target $34.40 and $41.80 consecutively according to Fibonacci retracement levels.
Xpeng has underperformed this year, with its stocks down by roughly 30% each, since early January.
The Chinese electric vehicle (EV) space is booming, with China-based manufacturers accounting for over 50% of global EV deliveries.
Bulls trying to breakoutafter a long wait, we are finally trying to come out of the downward wedge. A close above $30.50 would be great today.
