Zaitermo

Long Idea - Continuation of Trend

Long
Zaitermo Updated   
NYSE:XPEV   XPeng Inc.
Hello friends, I will keep this idea short as I have outlined all the analysis in the chart itself. Basically the stock broke out of an inverse head and shoulders with big volumes after which the price came back to test the broken H&S neckline and upward channel. I expect a rebound within next week to the target zone identified in the chart.

Good luck and thank you for the support!

Comment:
Link to previous idea that played out perfectly before the recent breakout

Comment:
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