9868 trade ideas
XPEV: Weekly Outlook and Key Points!Hello traders and investors! I usually do a lot of analyses regarding TSLA and NIO, so how about a XPEV analysis for a change? Let’s see what we can find here.
First, the daily chart is looking impressive! We have two open gaps here: One Breakaway Gap , which defeated the black line at $ 23.10 (previous top/resistance), and another gap, which we still don’t know its type.
If it is an Exhaustion Gap , it’ll be filled quickly, and probably XPEV will hit the 21 ema in the next few days. If it is a Common or a Runaway Gap , it won’t be filled so soon, and the bull trend will continue. Either way, we’ll have our answer next week.
Today’s candlestick could be a Dark Cloud Cover (DCC), and if this pattern is going to be triggered, probably XPEV will do a pullback to the 21 ema, filling the Exhaustion Gap in the process.
Now, let’s take a look at the hourly chart:
We have 3 gaps in the hourly chart, but I find it very hard to believe XPEV will drop below the $ 20 again. The trend is clearly bullish, but the chart is too stretched, as it didn’t even touch the 21 ema at any moment.
There are no signs that the trend will reverse, but a pullback is desirable . I would look for a bearish pivot in the hourly chart or wait to see if the DCC candlestick pattern is going to be triggered in the daily chart.
Also, we have two pivot points here: The black line and the red line. I find it very hard for XPEV to defeat the black line now, and I would keep an eye on the red line, because if XPEV loses it, the bull trend will start to look weaker.
These are the most important points to keep in mind, and if this idea helped you, please, support it ! And follow me to keep in touch with my daily analyses!
Have a great weekend.
XPENG -METEORIC RISE, MEANS METEORIC FALL !! XPEV AND NIO ANALYSSo in the last 3 days in particular , XPEV the Chinese electric vehicle maker, has been exploding up, and there are many reasons to this which we will cover here in a moment but as an investor who is heavily invested in XPEV this causes me reasons for concern.
In a lot of the cases (excluding Tesla), when we see a meteoric rise such ass XPEV and NIO had in the last few days, this will mean a lot of investors that don’t really analyze the company properly and just jumping in the hype – but these are usually short term investors who are looking to make a hit and run. For me as a long-term investor in the EV market that means bad news.
A bit of Technical:
IMPULSE WAVE - positive sentiment causes massive volumes that are unstable and not sustainable
There is a clear method to how an impulse wave should work, and when you experience 3 motive waves as we see here that are all extended one after the other that means the corrective waves are going to be just as sharp.
We are looking at retracing wave of 618 of FIB if the stock finishes its motive wave in these manner -which means stock will fall down below the 30$ line.
NIO Wave chart:
Lets talk FUNDAMENTAL :
-XPEV delivered 3,040 in Oct over 200% from the previous year and considering the COVID-19 environment around us at the moment ,that is tremendous in my eyes, add to that the fact that 70% of those were the new Sport sedan P7 which is getting very positive reviews.
The EV market is creating new companies like mushrooms after the rain , and though competition is good , inflating a market with so much money and so many brands before it matured enough to sustain it can cause a domino effect and drop the EV market down to new lows and requires us to be patient to see our investment going profitable again.
The earnings of Xpeng are coming in Nov 12 and are expected to be positive – and here exactly is the issue – if expectations from investors on earnings are so high , even positive earnings with a slight downside can bring the stock down like a house of cards at -10% and even more.
To sum up – I am a strong believer in EV stocks whether Biden wins or not, but I would say : don’t put all your eggs in the EV market as this can get rocky!
WE analyze the stock market acc to the great Ralph Nelson Elliot and combine that with fundamental and sentiment analysis on a theory we call Market Cycle Based Analysis and that gives us high prediction rate 😊
This is not a recommendation but our personal advise
Trade Safe, and invest smart !
XPEV the China's Tsla If you want to participate in the
China's New Energy Car Industry's growth,
XPEV mgith be your choice.
Xiao Peng Stock just formed double bottom
and now price is pull back to 0.618
It is very good entry level to invest into this
individual stock.
I just bought XP's New Model : P7 and it gives
me very good experience in terms of driving/auto parking/
fast charging etc.
Good Luck!
XPEV - Strategy for the Short Term (Buy around $19 sell at $25)XPEV will be the TESLA of the east! There were two potential trajectories for XPEV. One for a a potential lower low which failed and the other which will propel XPEV to $25. Long Term XPEV would go Parabolic at some point in the future. Once it is out of the IPO consolidation phase.
Best Buy Between $18.5-19.0 per share for approximate 30% gain in month's time!
Long on 19.45 supportNYSE:XPEV
Strong selloff on Monday reaching support on 19.45. Good opportunity to take a long position leveraging on Fibonacci retracement for at least a 3:1 profit ratio. Furthermore, RSI is approaching oversold conditions.
Bullish hammer candle, Fib levelsRecent Electric vehicle sector ipo stock , Bullish hammer candle. Fib level .382 $20.1 break over would be bullish. Options flow - Over 9400 10/16 $22.50 calls bought today. EV sector was on fire monday - wednesday this week. Happy trading!!
The Case for Being Bearish on XPEVRight now, XPEV is one of those stocks I have been following for a while. On IPO day, I decided not to buy any shares due to what seemed to me uneasy activity in the market. I still feel uneasy, so in a way I'm still watching from the sidelines. The valuation is obscene compared to revenue and competitors, and the IP seems quite similar to Tesla. Even both chargers have the same style green light. I'm not accusing anybody of anything, I'm just stating what I am seeing to an extent. The designs from my outside perspective look (as someone who done product and industrial design before) look quite similar. That being said, am I still bearish? Yes! I'm shifting somewhere towards a more neutral position given now it is $20.68, but still expect resistance to increase. Currently, I'm not a fan of the way charting is and its technical setup. That being said, please proceed at your own risk. Everything I am saying is on an opinion based basis. Proceed with caution and do your own due diligence.
$XPEV is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
XPeng is a designer and manufacturer of all-electric vehicles in China.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $23,81;
take-profit — $32,03;
stop-loss — $21,07.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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