XPEV/N trade ideas
Pennant Breakout?Needs some volume to push thru pattern top. My entry would be 54$ with first target.
Second target 64.68
Long Idea - Continuation of TrendHello friends, I will keep this idea short as I have outlined all the analysis in the chart itself. Basically the stock broke out of an inverse head and shoulders with big volumes after which the price came back to test the broken H&S neckline and upward channel. I expect a rebound within next week to the target zone identified in the chart.
Good luck and thank you for the support!
Xpev swing-trading week 3.My swing-trading setup for xpev week 3 on a 4 H chart frame.
Rsi and 22 days EMA stills looks good.
Daily and 4H chart frame is a BUY.
XPEV - 4H - UPWARD BOUNCEPossible break of bull flag to the upside. Bottom of upward trend. Stochastics oversold.
$XPEV ELLIOTWAVE WAVE 5 PUSHWave 4 seems to be near completion, looking for a strong bounce off this trendline/.5 fib wave 3 retracement
$XPEV BreakoutI believe $XPEV breakout the downtrend. It is following $NIO trend.1st target $51 and second is $60
XPEV printing a bull flagGood morning dear padawans. After XPEV's 22% move to the upside in one day it is taking a breather and forming what looks like a bull flag. If it retraces too much the pattern is invalidated so like captains of these (at times) unpredictable tides we must watch and act accordingly. For now I am not worried. The technicals are the same as my previous chart (see link below). I added the Stochastic so we can see momentum is not bullish (lines crossed bearish and are moving down) which is in line with the flag formation. However the Stochastic is a fast moving oscillator so it can very well flip bullish sometime next week depending on how the political scenario evolves (in my opinion). Remember, the Inauguration (and the changes it brings) is around the corner so people may take some time to reassess their investments. In summary, this looks like a normal pull back at the moment but if the scenario changes I will have to change my plans as well.
Share the love:
If you get anything out of this TA, please like the chart so it moves up and others can benefit from my work. A simple click on the like button goes a long ways.
Follow for more:
I have an outstanding winning rate (check my other charts). If you want the best entry/exits just follow me, you won't regret. Thanks a lot!
***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
