Going long EV MarketThis EV stock IPO'd last year in the midst of a pandemic and I believe it has found bottom range. This is NOT financial advice, please do your own DD.
9868 trade ideas
Great News For XPEVThe news was just reported that XPEV will release its new P7 sedan with lithium batteries, a battery a lot of EV companies are now adopting (companies like TSLA).
I was already bullish on XPEV, especially because they are a great company that is currently oversold and will likely make a correction to the upside in the coming days. Most likely I will add to my already existing position and hold long term. I'd first like to gauge its movement next week to see if it can hold its current support.
We could also see a break out of the pennant sooner than we thought!
You can check out the news article here -->> HERE
What are your thoughts?
Xpev Gartley HarmonicsMy take on RJleo82's & talgalimidy's discovery. I used an hourly candlestick chart, which got my points closer to matching Gartley's pattern. Although point C's retracement was less than ideal and exceeded .382, it still within a 1 Fib extension deviation causing point A to C being appx 16% off (742 sb 886). Buying Zone $32-$28, First Price Target point C $60, Second Point A $75, Third is a 1.618 extension from X at $128.
Disclosure: First attempt at charting a Gartley
Long | XPEV| Swing TradeNYSE:XPEV
Possible Scenario: LONG
Evidence: Price Action, Bullish reversal candlestick
TP1 ~55$ , TP2 ~65$, SL: 42$
* 20% Profit
This is my idea and could be wrong 100%
Entered XPENG long. EV stocks had their time to correct.
Now it's reversal time, so let's long this baby.
RSI is so oversold the cyclical phase must begin. ATH is a definite possibility.
Inside ownership also re-instills faith all the big boys are in this great stock,
Blackrock, Goldman, JP, Shaw, CS, and finally big Mr. BABA.
Let the chart speak for itself.
(Disclaimer)
(This is not financial advice, just my opinion) NYSE:XPEV
XPEV down $20 or 33% since 1/25/21May just be moving to stronger hands from weaker hands. Could be profit taking. Or maybe overall market correction. We can't know for sure.
I've already sold my $LI, and now $XPEV is the next one I'll whack if China EV stocks (and the market) continue to show weakness.
XPEV in BUY ZONE!! FLIGHT TO THE MOON LEAVING THE STATION SOON! -The correction is almost Done. We are in a Descending Triangle Corrective Wave 2 (about to start wave 3).
- We are in a Bottom C point ready to launch the rocket, which will follow a D and E before landing on the Moon!!
-1st Price Target at $77.
-Final Price Target $100-130
-BUY ZONE AT $38-37
- Steady Low Volume signaling change of trend is coming soon!
-RSI -> OVERSOLD AREA
Good Luck Bulls!!!!
Disclaimer
No Investment Advice
The information provided on this website post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. I Do not recommend that any share should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
XPEV "W" Formation PlayXPEV W formation play. RSI is in oversold region.
Entry Price: 36.46
Target: 71.87
Stoploss: 30.43
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.
Triple bottom XPEV Insta Gurkha.Tradesthis is a long idea on triple bottom xpev chart. tech analysis by Gurkha Trades. Not a financial advisor.
#Gurkhatrades
XPEV: The forgotten Chinese EV PlayI am wary of Chinese ADRs, but I think this technical set up in XPEV is too good to ignore. I love the consolidation since it's peak in November, and I also think it has developed a solid support level the past few weeks at $45.
XPEV is another EV maker, so it has the upside of catching momentum on any news associated with the industry. I am targeting $60/65 as my upside target, while using a $36 stop to minimize my downside
$XPEV 2/21$XPEV been in consolidation since December. Lowest this stock has been on RSI since IPO and reaching 100EMA. Could be ready for a bounce, or could continue to consolidate. $LI has similar chart. Could be a sympathy play with $NIO earnings coming up.
XPEVXPEV- Chinese EV should make a move soon. I am bullish on NIO these upcoming weeks, so I feel like earnings and NIO sympathy should help this one test the ascending triangle resistance for a breakout above
Few more days of patience This is almost completing its correction wave 2 and will be ready for huge impulse 3 in a few days, most likely as we are getting close to earnings. Be ready....
XPEV UpdateWe may have solid support at the blue line, according to the first-time test + big volume breakout bar.
