XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.
I still use dollar cost averaging as a way to minimize risk and guarantee a good return. Patience is required in this process.
Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share. By buying regularly in up and down markets, investors buy more shares at lower prices and fewer shares at higher prices. Dollar-cost averaging aims to prevent a poorly timed lump sum investment at a potentially higher price. Beginning and long-time investors can both benefit from dollar-cost averaging.
I appreciate the fundamental analysis. I put up an idea today because XPEV is at a buy point.
DivergenceSeeker
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@AwesomeAvani, Thanks for the feedback and agreed. Yeah, I'm about to load call options on this soon. I follow XPEV and the HSI index (in China) to get a sneak pick of what the U.S. market will bring.
Solldy
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Great entry point, thanks for the suggestion, I'll look into it more today. Have a good trade!
DivergenceSeeker
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@Solldy, Thanks, Its about that time to load again.