XPEVDesending Triangle Trend Continuation, Bullish Divergence macd, Nice support, Easy to manage risk
9868 trade ideas
$XPEV looks coiled for a breakout$XPEV looks coiled nearing the end of a corrective triangle on declining volume. MACD nearing a golden cross. Good r/r for some long weekly calls. Not trading advice.
XPEV BULLISH 🚀🚀🚀Xpeng (ticker: $XPEV) rises in a bullish trend, forming a pennant pattern. 🚀🚀🚀
You can always make money with stocks. It's never late! Don't FOMO!!
What's your opinion? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
Xpeng swinging, hitting at least 60 end of feb/beginning of marsWith the recent announcements (european deliveries, sales compared to last year etc.) and fine technicals, we are most likely looking at a second swing here and potentially hitting the 60$ mark at the end of feb/beginning of mars. Maybe even earlier. The recent EV-hype strengthens this stocks relyability even more. I believe we're going to hit the ~140$ mark ,at least, at the end of the year considering the already build factories and the financial backing. Keep an eye out for the delivery growth moving forward, if we keep recieving good numbers from the company the PT is almost a certainty.
XPEVSolid late afternoon run today off support to close above the 5 & 50 day. Above $50 gets you $60 imo. Still long.
XPEV GOOD DAY FOR A LONG ENTRYCUP AND HANDLE WHATEVER YOU WANT TO CALL IT. ITS AT THE BOTTOM OF THE 256 LINEAR REGRESSION CHANNEL. AND THE PATTERN JUST LOOKS GOOD.
XPEV - Possible $80 targetIf the price break out of this triangle, XPEV could see $80.
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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.
XPEVStill being patient with this one. Like the action today (made a lower local low that reversed on decent volume). If it doesn't move this week, I'm out. Opportunity cost is starting to add up.
XPEVXPEV 1-3 week horizon
I see 2 channels forming. Channel #1 main channels seems suggest bearish movement. Channel #2 (green) suggest bullish trend.
Price action seems to be respecting channel #2 boundaries suggesting a bullish trend. Price currently at the bottom boundary of bullish channel, we will have to see if it holds.
Buy zone at 47.71 - 44.40 area and targets at 60.08 and 68.67, with stop loss at 43.57; a 5.5% risk with 27 - 46% potential reward.
56.00 area, key level. If price action goes above this level, we may be seeing a confirmation bull trend.
Disclaimer
I am not a registered investment advisor and do not offer investment advice and recommendation. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for, information and entrainment purposes only. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
Xpeng EWP triangle Xpeng seems to be moving in a EWP triangle, decreasing volatility and volume is a signal of consolidation and an imminent breakout. Like other EV car manufacturers, positive fundamental news, increasing sales and a worldwide adoption of EV technology could make 2021 a great year for EVs.
$XPEV – Rising Three Method$XPEV – Rising Three Method
I see a lot of bulls on $XPEV, so I’m charting my plan too… I see the candles are forming a bullish Rising Three Method .
In addition: breakout of wedge, the start of a C/H, a bounce off the volume profile and 50 day EMA. Positive technicals and oscillators. Rising MACD, consolidated vol. RSI is a bit high so maybe a small pull back.
NYSE:XPEV
Long XPEV - Looks like its ready to move up for some gainsLooks like XPEV is ready to make some solid gains. Buy the breakout.
