ZBud

XPENG

Long
NYSE:XPEV   XPeng Inc.
We have good market for buyers and nightmare for holders. Now XPENG is near the supp at 25,18. What rational moves we can do here ? Why not to buy at ~25,00-26,00 in order XPENG bounces from the support. Sounds pretty logical, but what if it keeps digging the hole? We have another extra strong supp around ~20,00. And what is rational to do at this point? Why not to buy at this point too, it is extra cheap stock with super big potential to be at 100 or even 200 after X yrs. Tesla wasnt build in a day, it took 9yrs to reach 100 and then it skyrocket. Xpeng is created 2018 not in 2014. So it has to move much faster becouse its an age of technologies :)
My expectations for Xpeng :
Pullback to somewere at ~40,00.
By the end of the year to be somewhere at 60,00-80,00.

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