Elliott Wave Analysis: XPEVHere I share what I think is going on with XPEV prices using Elliott Wave Theory.
To me, on the weekly time frame, we are going to start wave5.
Happy new year!
XPEV trade ideas
XPEV 3 prior Gap up could mean a fill for possible down trends but 2 possible directions. Not Sure how this is going to happen yet.
Long? Potential reversal for Chinese EV StocksStrong day for chinese EV Stocks today, may indicate a reversal to a long, MACD seems to be flattening after today, we will see the rest of the week if it gets momentum upwards and MACD crossing up.
nice turnaround on xpev todayall EVs got nice turnaround today, but its loosing steam in short term, though 30min-1hr still looking oversold. more volume would definitely help. Resistant areas based on volume highlighted. Any comments?
XPEV was 40USD the diverging pointXPEV was 40USD the bottom
Wall stree PRICE TARGET
Target: $53.11
Last: $40.07
If it dosend hold
First target is $30, very brittle.
If it doesn't hold then first support at $23
ABCD \ Lightning pattern short Look for price action for short or range break preferably out of open (use premarket high low in addition for range), they may spike it then fade it late afternoon
$XPEV - Bearish Mountain $23 Price Target if fib doesn't holdFirst target is $30, very brittle. If it doesn't hold then first support at $23
V shape confirm double bottom and reversal tomorow?V shape tomorow without new lows ar green bar is better, and reversal starts from tomorow.
the company is perfect and the panic sellers has already sold.
Funds from tesla will move to xpeng also!
NeutralI want to see a break. The company is strong but we need to see more confirmation and a bounce off the pattern to verify the up trend
XPEV Round 2Looks ready for another move. RSI curled above 50, break of falling wedge, hist rolling over. Just needs to break resistance with significant volume. Thoughts?
Xpev to where?!There is an important time on monday
I’ll buy from the green areas
And you can see my goals
Beside the big time in 10/11DEC
$XPEV Trend-Line Breakout LongVery simple idea - we break that trend-line and $XPEV can retrace. Beware of resistance in supply zone drawn between $45 & $48, and consolidation if trend-line doesn't breakout. Clean breakout can see $58
XPEV (Chinese EV player) getting back to bizLooks like we're turning here. Ideal entry at 46.50. Could be choppy before it goes. Light position for me
Looking for assistance on patterns1) Is this a double top?
2) Is this a cup and handle?
3) Is this an ascending wedge?
$XPEV - Short-Term Momo Long OpportunityI've closed my $50 calls for a quick 100% and rolled into $60s for year's end.
Hoping to see some carryover momentum - but this is pre-breakout.
Trade is confirmed on a daily close over 51.35.
