Get started
XPENG INCXPENG INCXPENG INC

XPENG INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

XPEV/N trade ideas

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.
NYSE:XPEVShort
by gamer456148
1
$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. If you like my content, you can subscribe to the news and receive my fresh ideas.
NYSE:XPEVLong
by KozakHlib
12