Dear subscribers and visitors
After a long break in which I have not published any analyses, I would like to take this opportunity to educate investors about the massive opportunities in XPENG.
XPEV
From an Elliot wave analyst's perspective, several large 1-2 formations have been established here, which set the foundation for a multi-year bull market.
The overall structure looks very stable and in the next wave we could reach prices of $78 and more.
It is worth building and holding positions here for the long term, as prices above $100 or even $120 will be quite possible in the coming years.
Nevertheless, there is always the chance to be wrong with Analyses about stocks or other investments and we could see falling prices again, those could bring us back to prices of 30$ even lower.
But as long as the important support at 31.52$ is not broken, no investor should worry here.
I wish everyone a relaxing December and best of luck navigating the markets.
After a long break in which I have not published any analyses, I would like to take this opportunity to educate investors about the massive opportunities in XPENG.
XPEV
From an Elliot wave analyst's perspective, several large 1-2 formations have been established here, which set the foundation for a multi-year bull market.
The overall structure looks very stable and in the next wave we could reach prices of $78 and more.
It is worth building and holding positions here for the long term, as prices above $100 or even $120 will be quite possible in the coming years.
Nevertheless, there is always the chance to be wrong with Analyses about stocks or other investments and we could see falling prices again, those could bring us back to prices of 30$ even lower.
But as long as the important support at 31.52$ is not broken, no investor should worry here.
I wish everyone a relaxing December and best of luck navigating the markets.
Trade active:
I already hold positions which i bought in the range of 28$ and 39$.
But i plan on buying additional shares as soon as the markets open next week.
But i plan on buying additional shares as soon as the markets open next week.
Trade active:
I am going long again today, i suspect that we bottomed out here in wave C.
Everybody who want's to trade this with leverage should adjust their stop-loss to the red line marked on the chart.
AVERAGE EXECUTION PRICE: 40.76
STOP-LOSS: 33.52$ (For every leverage trader)
KEEP IN MIND THAT I BUY XPENG WITHOUT LEVERAGE AND A STOP-LOSS.
Everybody who want's to trade this with leverage should adjust their stop-loss to the red line marked on the chart.
AVERAGE EXECUTION PRICE: 40.76
STOP-LOSS: 33.52$ (For every leverage trader)
KEEP IN MIND THAT I BUY XPENG WITHOUT LEVERAGE AND A STOP-LOSS.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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