XPEV trade ideas
Wait to get a seat at the next support levelLooks like we had to take a little detour to get to our target price at $46. But that's fine! More people can get on the ride. Seems like it left the channel to take a dip. I will wait for it to reach the next support stop at 22.9, and hop back on.
xpev ideaif this name doesnt take out resistamce it could fall all the way back to 34 or even 31, so keep an eye for long entry or short .at 38 stop loss above 38 this is not ad advise
$XPEV | Bullish Descending Channel Breakout$XPEV broke out of a bullish descending channel.
Watch for a break above the structure resistance at ~$39 for upside confirmation.
Initial Target $45
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
Xpeng back to up trend!?Xpeng a good stock wich was affected of corection and oportunity to trade!
Short term I recomand entry point at 39/41 price target 45 Stop lose at 37! I recomand entry after stock validate supp orange on 1H chat!
Med term entry point 30/35 price target 45+!
Long term entry point 30/25 price target 55+!
Strong support at 35!
First resistence at 40, Second at 45!
Good luck to everyone!
This it's not a financial advice!
XPEV - Good $45 - Best $70 - Bad $29.39 - Worst $17.11Previous symmetrical triangle failed. The breakdown target paid off.
Best case - 70 (if we breakout)
Good case - 45
Bad case - 29.39
Worst case - 17.11
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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.
XPEV - BULLISHXPEV should have done its complex WXY correction with price corrected to 78.6% FIBO level, further breakout from blue downtrend line confirms reversal trend.
Stay bullish on this stock.
Bat (AB = CD)I find harmonic patterns amazing. I mean, how can the market replicate a leg of a pattern almost to the dollar? It does, sometimes.
So far, unless this pulls back again, the AB leg is almost a carbon copy of the CD leg. You can begin to decipher a harmonic pattern at the pull back to b.
Harmonic patterns all have a relationship between AB and CD, be it an extension or an equals type thing. This is not a gartley pattern because B is below the .618, and folks are sticklers about the gartley pulling to the .618 on the AB leg. Also, a gartley would have stopped at the .786 of XA and this pulled to the .886. The bat pattern pulls to the .886 on the CD leg and the AB leg has some flexibilty between .382 to the 0.5
(In a bullish Bat pattern, the X-A leg is formed by a sharp price rise. In A-B, the price then reverses and retraces 38.2% to 50% of the X-A leg. The B-C leg sees the price reverse again and retrace 38.2% to 88.6% of the A-B leg. In the final leg C-D, the price reverses and achieves an 88.6% retracement of the X-A leg.)
If this was the butterfly pattern, D would be much deeper, extending to the 1.27 of XA.
AB=CD is an harmonic pattern, but only has 3 legs being A, B, C, D. No X because there is not an extra leg.
Matter of deduction sometimes..and I realize most do not feel like figuring this crap out..LOL I find it intriguing. We are all different.
Possible stop under D.
No recommendation.
$XPEV PT 59 and higherXpeng Secures $78M Funding From A Chinese Provincial Government
Xpeng Motors Inc (NYSE: XPEV) said Monday that it will receive $78 million in funding from the investment arm of a local Chinese government for business expansion purposes.
Is Xpeng Ready for the Ride?I had a close watch on XPEV in late 2020 after it dropped from its all-time high. The stock ultimately saw a breakout on January 12, followed by a vital retest of the 20-day EMA and 50-day SMA on January 15. However, the move was hammered by a broader sell-off that was ruthless to the EVs. Personally, I think bullish sentiment is returning to the sector. However, from a technical point of view, I do not rule out that short-term headwinds may slow down the rally.
The XPEV ticker reappeared on my radar a couple of days ago after the company reported revenue growth in the fourth quarter of 2020. Looking at the technicals, volume looked promising, and my Delta-RSI momentum oscillator hinted at running out of the downside trend. During yesterday's premarket, the shares broke out of what I see as a narrow downside channel. However, the US session eventually sent them back to retest this zone.
Today I will be watching to see if the bulls manage to push XPEV above the monthly S1 Fibonacci pivot level ($32.27; SM1 on the chart). If that happens, I will consider going long with the 20-day EMA being my intraday target, followed by a monthly pivot of $39.39 (PM).
On the downside , a break below yesterday's low will result in a return to the channel and put the Fibonacci SM2 pivot level followed by the channel center line in play.
XPEV LONG if we step out of the bearish channel XPEV could be a good opportunity for opening a long position.
Just be aware of descending channel and wait when we step out of this channel.
My Targets for TP are $54 $59 and $74.
just for funthere is not much too support my theory altough i did try to make it make sense, haha
its just for fun
BUYING NOWMany fought me when I went short
I have been long, then short and now am bullish, starting a long position again!
Gl All!...
XPENG Gap Filled What's Next?XPENG has been trading in a downward trend since November of last year. We're now down 63% from the peak in November. This big sell-off is amplified by two factors. One, restrictions on selling for long-term investors were lifted. Two, we've seen a sharp correction in tech stocks and hype stocks. We also saw the Chinese market correct by more than 10% last month.
Now the price has filled in the gap back on November 4th. This is a critical support level to keep an eye on. If the price breaks this level at 27.50, the next support level is at the next gap at 22.30. Lastly, we also have an earnings report next Monday which could bring more volatility to the stock.
I personally bought the stock today, and I'm looking to accumulate between 27.5 - 22.30.
$XPEV Gartley weekly viewSee plan fro price reversal zone, 23.15 is add spot at Lightning or ABCD pattern completion
Descending Channel Idea - Next Upside TargetsHi friends, Xpeng was one of my favorite EV companies until it dropped more than 60% from its November 2020 peak. I am sure many traders have been buying the dip and I have some good news if you are still holding.
Looking at the chart, we can see the stock filled the major gaps and found support around $25 (which was the resistance back when the stock got listed). If we look at the swing highs and clone the trend line at the swing lows, it looks like we are in a downward channel; so far in the form of ABC correction as illustrated in the chart. I anticipate we are at the end of the C correction wave and we would be heading to the top part of the descending channel in the coming days. Please keep these resistance zones in your mind to track and take profits along the way:
- Target 1: $32 - $34
- Target 2: $37 - $39
- Target 3: $41 - $43
The top of the channel would be the final target, however, if broken be ready to test all time highs though with the current apatite, I am doubtful this would happen anytime soon unless Tesla decides otherwise and pull all EV stocks with it.
Please share your thoughts.
Good luck!
