XPeng might ping at new heights. XPENGCertainly here is a relatively high level of confidence about which we are going, that is being up. Less certain about how far or how high exactly. Not ironically, this is quite normal for markets.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
9868 trade ideas
XPENV ready for a breakout with a min target of 64$XPEV is doing perfect technical movements since the bounce from 22$ support. Today's movement above EMAs was critical but it fell just short of the descending trendline (can take profits here). It will correct slightly & then hit the 48$ target. From there, minimum target would be the 161.8% extension at 64$
Note: Not an investment advice. I have a long investment in XPEV.
XPeng earnings beat estimatesXPeng earnings beat estimates. Price broke out from a triangle pattern few weeks ago. If XPeng manages to hold the $50+ line I expect some more upside movement. First target $59-$60, second $65-$66, third prior all time high. On the downside we have strong support at $51, $45 and $38.
Not financial advice just my opinion.
Stay green everyone. :)
XPeng G9 First LookThe company will hold the third-quarter conference call on November 23.
XPeng Motors will unveil the G9 SUV, the company's fourth model and the first after its brand refresh, on November 19 at 11:00 a.m. Beijing time.
Photos of the model have already appeared in the XPeng app before the model was officially unveiled.
As previously reported by yiche.com, the new model will be based on the same Edward platform as XPeng's flagship sedan P7, which supports a wheelbase range of 2,800-3,100mm.
The model is expected to be priced at around CNY 300,000 (USD 47,000), equipped with a more advanced autonomous driving system with LiDAR and support for XPILOT 4.0, the report said.
Early last month, a Weibo user said that the XPeng G9 could be officially launched in the fourth quarter of 2022.
The car's wheelbase is between 3050-3100mm, which is longer than the NIO ES8 and Li Auto's Li ONE. But the car may be less than 5 meters long, possibly slightly shorter than the latter two, according to the blogger.
Its price may lie in the range of CNY 300,000 to 400,000, between the P7, which starts at CNY 229,900, and the P7 Wing edition, which costs CNY 409,900, the blogger said.
This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China
For the full article with the images, please visit the original link.
11/15-11/19 watchlist #2 $XPEV +$50.50
Price targets: $51.5, $52.8
Technical Analysis: Bull flag breakout
News Catalyst: "XPeng launches its new smart EV model at the 19th Guangzhou International Automobile Exhibition (11/19). The new car will be an addition to company's current G3 SUV line. Details on pricing, range and fetures could give shares of XPEV a boost"
Xpev Bull flag forming here I thought we could possibly breakout today but looks like the infamous 48$ resistance still is holding solid. Might take another leg down to flag bottom before a break out.. so I think this is a temporary short before a 20-30% move up.
The length of the flag usually dictates the distance of the breakout. In the case of Xpev the flag pole is 13$ long😉
XPENG following wyckoff exactlyThe EV sector has had its correction phase since jan 2021. If we look at stocks like TESLA, NIO and XPENG we see that they all been following wyckoff accumulation. Tesla just had a big run up maybe it will run more but the thing is the other EV stocks are lacking behind thus we will probably see a big rally in stocks like NIO and XPENG very soon becuase the accumulation is ending
XPEV looks bullish over 48$Closed on its trendline but got rejected 4 straight times at 48$ which has now formed a pennant. So the pattern is there but Xpeve will need some volume to push through there.
Right now there's no more room for rejection against that 48 , meaning if we don't break above tomorrow chances are we'll lose that trend support and will be headed back 42$ where there is Ema 21 support +Fib.
Should we fall below that i think 40-38$ would be max pain.
A break above and close above 48$ and the next target would be 60$.
So can xpeve breakout this week or will it take earnings later on in the month?
XPeng to Launch 800v, 480kW Overcharge... and Super Energy Storage Station.
The CEO of XPeng Inc. predicted that the penetration rate of new energy vehicles would reach 50% in 2025.
On October 24, Xiaopeng He, CEO of XPeng Motors, said that XPeng hopes to be the first 800V high-voltage platform equipped with silicon carbide chips in mass production, aiming to achieve the endurance of 200 kilometers after charging for 5 minutes. Meanwhile, XPeng will also launch the supporting 480kW high-pressure overcharge pile.
The energy storage station designed by XPeng can meet the overcharge of 30 vehicles at the same time. In other words, XPeng will launch three schemes in terms of energy supplement, that is, 800V, 480kW overcharge and Super Energy Storage Station, respectively.
In addition, XPeng also announced its exploration progress in electrification and intelligence. It is reported that it's Xpilot 2.5 accounts for 89.74%, and the activation rate of version 3.0 with high-speed NGP is 59.29%. He pointed that intelligent-assisted driving is not automatic driving, where man-machine driving will be an inevitable choice for a long time.
It is worth noting that Xinzhou Wu, vice president of XPeng's auto-driving business, said that the urban NGP function is expected to be launched in the first half of 2022 and will be tested on some roads in the first batch of cities.
In January 2021, XPeng's NGP was officially opened to users. Users can realize automatic navigation-assisted driving from point A to point B based on the set navigation route. The high-speed NGP function realized by XPeng P7 can cover most domestic expressways and some urban expressways. Apart from the functions of ACC adaptive cruise, LCC lane-centering assistance, ALC automatic lane change assistance, some other functions include but are not limited to automatic lane change, automatic speed limit adjustment, overtaking at night, ramping in, and out.
Xpeng: Still On Track!😎😎😎It took some time for the Xpeng stock to pick upt some momentum, but it is looking better now! We expect the price to increase to an area around $75 in the first step, before another correction sets in. In the long-run, however, the stock should move towards $143.
Push it to the limit!