XPENG - MONTHLY PINBAR, A Neutral TestPost successful learnings and recent trades, I believe XPENG has topped this positional cycle and the monthly has printed a the pinbar candlestick. The confirmation is below last month's low point to shorten the market. Else this remains neutral. Entering a short here is riskier as bulls may push a retest. Trump's tariffs have been negative so far, which favors shorting Chinese stocks such as XPENG. But I still think this is neutral at the moment.
As this situation is 50-50 staying on sidelines is important.
Should you intend to go long then SL is $18.9
Should you go to short then SL is the last month high.
Risky in mho.