XPEV
XPEV LONG if we step out of the bearish channel XPEV could be a good opportunity for opening a long position.
Just be aware of descending channel and wait when we step out of this channel.
My Targets for TP are $54 $59 and $74.
BUYING NOWMany fought me when I went short
I have been long, then short and now am bullish, starting a long position again!
Gl All!...
XPENG Gap Filled What's Next?XPENG has been trading in a downward trend since November of last year. We're now down 63% from the peak in November. This big sell-off is amplified by two factors. One, restrictions on selling for long-term investors were lifted. Two, we've seen a sharp correction in tech stocks and hype stocks. We also saw the Chinese market correct by more than 10% last month.
Now the price has filled in the gap back on November 4th. This is a critical support level to keep an eye on. If the price breaks this level at 27.50, the next support level is at the next gap at 22.30. Lastly, we also have an earnings report next Monday which could bring more volatility to the stock.
I personally bought the stock today, and I'm looking to accumulate between 27.5 - 22.30.
XPEV - Start of wave 3? XPEV ended an WXY corrective move down to finish wave 2. Two scenarios can play out here:
1- The corrective wave is over and we are at the start of wave 3 that will take us to a price of 119 (the 1.618 fib extension).
2- the corrective move is going to extend into WXYXZ.. with the second X wave ending below the first.
Either way we should be waving a nice wave up..
NIO - Buy the Dip!Its rare to see a BlueWave green dot on the daily time frame for NIO, this is a very bullish sign.
NIO bounced off the 34% Fib.
NIO is also oversold.
XPEV bottomed out?The chart does not look as nice as tesla chart, but i believe we have a bottom here.
if want to enter place stop loss at 23.30
XPEV signal is curling up, high volume + small bodiesHi,
just came with the long idea on XPEV. Stock is oversold and recent volume shows someone is buying heavy. You may think that the candles have long bodies. But dont get fooled my friends. This is result of gap ups opening. If you try to be unbiased and clean gap up mess we will see inverted hammers/morning starts. Signal is curling up on 1D while on 4h we had crossover. I see this a great long oppoturnity. Drawn you rectangles with risk reward ratio of 5:1 - seems good :) or even more in a longer perspective.
XPEV also presented very good earning report beating the estimates.
Cheers.
NIO Swing Trade IDEANIO is one of my favorite EV plays as the sector took a big hit in the beginning of march. NIO has a advantages in China compared to its competitors.
NIO says that the worldwide chip shortage is going to effect production in Q2 and that they’ll make fewer vehicles. However earnings overall were okay and balance sheet healthy. Deliveries dropped a bit in February.
Still very bullish on this stock and was able to fully create my swing position today.
For more information from me and daily updates.
My stock trading team is open for enrollment @ doughboyinvestors.org
Xpev + Algos = Moon mission.xpev has been bleeding out for awhile now. we tried to catch it in the golden zone recently, but that didn't work very well and we got stopped.
the next algorithmic target sits at $29.39 (.786) and i do expect the algos to pick it up exactly there.
don't see that gap filling, but i do see a strong reversal in the days ahead if the buyers follow through.
>buy $30
>3% stop loss
XPEV Bullish gartley patternXPEV had been cool down for quite a while, and now the bullish gartley pattern is starting to take over!
In terms of the stocks that having crazy rally on the hot topic,
waiting for 0.618 or harmonic patterns to get involved is pretty much a good way to realize
"being greedy when others are in panic"
While, there are still some rooms before this pattern finishes though.
Let's see how it goes yo!
I think it will reach 39$ $xpevthe previous year at lunar new year the sells was 0 ..this year 2223.. with big demand for the next month
Hammer the buy on $XPEVXPEV finally found the floor after a steep sell-off. Looking to go long here anticipating a nice earnings run-up
I'm definitely bullish about XPENG 🚀🚀🚀The entire world is bullish about XPENG. 🚀🐮 Don't see these black lines as precise trajectories. I don't write the future. I just respected the support and resistance areas.
You can always make money with stocks. It's never late! Don't FOMO!!
What's your opinion? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
Great News For XPEVThe news was just reported that XPEV will release its new P7 sedan with lithium batteries, a battery a lot of EV companies are now adopting (companies like TSLA).
I was already bullish on XPEV, especially because they are a great company that is currently oversold and will likely make a correction to the upside in the coming days. Most likely I will add to my already existing position and hold long term. I'd first like to gauge its movement next week to see if it can hold its current support.
We could also see a break out of the pennant sooner than we thought!
You can check out the news article here -->> HERE
What are your thoughts?
Long | XPEV| Swing TradeNYSE:XPEV
Possible Scenario: LONG
Evidence: Price Action, Bullish reversal candlestick
TP1 ~55$ , TP2 ~65$, SL: 42$
* 20% Profit
This is my idea and could be wrong 100%
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.
Market front runner industry (EV makers)seems exhausted ..!Without any doubt EV makers and their investors were the winners of market since March 20th, 2020.
But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed.
IMO: Future belongs to clean energy companies, but in short-mid term we will experience a correction at least in the ticker symbols with +1000-2000% gains.
Since most new traders and investors get involved in EV rush in the past year, there is a strong feeling of market crash..!
We shouldn’t forget price corrections between 30-50% is quite common among the front runner EV makers, it happened before, so there is a high chance of reoccurrence!
Please take your time and review my previous analysis on WORKHORSE, TESLA, NIO,...
Moshkelgosha
$XPEV 2 short-term outcomesSimple chart for the near term. Either it wave C is set lower and we push up towards wave's A anchored VWAP, or we put in a lower wave C headed into earnings.
