XPEV in Sell ZoneMy trading plan is very simple.
I buy or sell when at three of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes beyond it's Bollinger Bands
* Stochastic Momentum Index (SMI) at near oversold overbought level
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in selling zone at top of channels
Stochastic Momentum Index (SMI) at overbought level
Money flow momentum is spiked positive and under at top bottom of Bollinger Band
Price near Fibonacci level
Entry at $20
Target is lower channel around $17