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AlphaTradingAcademy
Mar 2, 2021 9:39 AM

XPEV, Fib levels. long for ER play Long

XPeng Inc.NYSE

Description

Fib levels and support areas are clear but signal to me. Seel off due to the weaker market season, weak EV sector, and NIO ER sympathy. Perfect dip buy opportunity with stop loss in 28 areas and if you can tolerate more on 18 areas, and the reward is all-time high soon when the EV sector gets hot again. Immediate resistance levels are 40, , then 42.5, then VPOC at 46.7, and then 50 onward.
Comments
WinstonWallace
The more it dips the more we must buy!! Its a bargain... This will multiply at least x3 in the short term before Xmas.. BUY AND HOLD!!! See you in Victory!!
AlphaTradingAcademy
@WinstonWallace, totally agree, but maybe wait for the price to find the bottom and then go in. The day is close.
PhilippeDelpCFA
absolute buy and resist the urge to sell as this will pop up in a matter of no time , Look at what Bidu did , stable for a longggggggg time then boom 3x in one month lol so stand firm
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