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XPENG INC

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XPEV trade ideas

XPEV still looking BullishXPEV broke out of a bullish bilateral triangle and my initial target was reached this past week; but it still continues to look bullish as it broke through the resistance level at $40 and doesn't look to stop there. There could be a correction at some point as well, but now the $40 resistance level can act as support during this uptrend. XPEV could run up to the $45-$46 soon, a break above that price level could result in the price going as high as $50 in the near-future.
NYSE:XPEVLong
by ChaseMColvin
Xpeng: Is now the time? 🤑🤑🤑A lot of you have asked for an update of our Xpeng analysis. With the ongoing testing oo the resistance at $37.50, we are at a crucial stage of the price development. If the price is able to hold this level now, we believe that the way is paved for a strong bullish run. Also, we have adapted our price target for wave 3 in green, as we set it to $109.25 - $118.93. So, the expectation is still extremely bullish, but it remains to be seen whether we can stay above $37.50. Don’t miss this chance!
NYSE:XPEVLong
by MarketIntel
1
XPENG INC.Wednesday, 9 June 2021 9:33 AM (WIB) GUANGZHOU, China — Electric carmaker Xpeng Motors has got a new round of investment from the government of the southern Chinese province of Guangdong. The 500 million yuan ($76.9 million) funding from Guangdong Yuecai Investment Holdings Co., the province’s investment arm, will be used to “accelerate the company’s business expansion,” Xpeng said in a statement. Xpeng is headquartered in Guangzhou, the capital of Guangdong province. The region has been putting a focus on new energy vehicles and autonomous driving. Warren Buffett-backed electric carmaker BYD is based in Shenzhen, the tech powerhouse in Guangdong. And autonomous driving start-ups such as PonyAi, WeRide and AutoX are all based in the province. The investment will help to accelerate the “automobile industry’s strategic transition in Guangdong,” Xpeng said in a press release. Since its $1.5 billion U.S. initial public offering in August 2020, Xpeng has continued to raise money to fuel its growth, ramp up production and battle against domestic rivals as well as Tesla. In September, Xpeng received 4 billion yuan in financing from an arm of the Guangzhou government. In January 2021, the company secured a credit line of 12.8 billion yuan from major state-owned banks. The company has been focusing on building its manufacturing base with two wholly-owned factories — one in Zhaoqing and another currently under construction in Guangzhou. Best regards, RyodaBrainless "Live to Ride and Ride to Live"
CAPITALCOM:XPEV
by RyodaBrainless
XPEV BreakoutOn the Daily Chart, we have potential breakout from XPEV. We have broken the resistance from the downtrend and moved above the Point of Control from the Volume Profile. The increasing volume is an additional indicator that XPEV is ready to launch if we stay above this POC. Looking for continuation to our entry price @ 36.84 Targets are set just under the heavy volume levels given from the volume profile. 1st Target: 43.40 2nd Target: 46.60 Stop Loss: 30.00 (under POC)
NYSE:XPEVLong
by VaultTrading
1
$XPEV - Descending wedge break out target $60On the verge of breaking out from bullish descending wedge. Target $60 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
NYSE:XPEVLong
by PaperBozz