geotrade18

xpev will pick direction next week

geotrade18 Updated   
NYSE:XPEV   XPeng Inc.
1. lockup expiraction date 23-Feb-21
2. xpev compared to li and nio has advantage of automatic driving, and high investment into AI.
3. Current support around 38, and bounce back to 44, 44 is previous resistence, and it was not able to
zoom much above it. I think it will have another push down and break 38 level.
4. Will keep close eyes next week.
Comment:
It pushes up hard today, but get lots of retracement compared to nio and li. I will be cautious on xpev, since it doesn't seem to have same strong momentum as the other two. I am still holding neutral on it until market proves it.
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