$XPEV: Bullish trend and the emergence of Chinese EV makers

I had published a video idea discussing Chinese EV names, and China reopening as a possible bullish catalyst for demand in the EV sector and to keep an eye out for bullish setups in the Chinese EV stocks.
I think the time has come to scoop some $XPEV exposure here, the weekly trend is now confirmed as bullish so the move I was anticipating in my prior post can take place now.
It's an interesting turn of events how China has now emerged as a rapidly growing car manufacturing hub, and likely the most compelling competition for $TSLA in the EV front going forward, as everyone else is lagging behind big time or not as profitably participating in the EV transition. So, considering that, I think we should keep an eye on these names and try and capture swings in them going forward.
Best of luck!

Cheers,

Ivan Labrie.

Trade closed manually:

Most setups failing on the long side, luckily I picked 5 longs but also 2 shorts.
I'd just exit any long exposure asap. Trail stops to entry in shorts, and see what FOMC brings. Likely ideal to be flat into Feb 1st.

Comment:

Trade closed: stop reached: