$XPEV: Short term setup could evolve into longer term idea

Dec 31, 2022

Brief look at EV names here, I like the setups across the board and specially like the low correlation to QQQ as of late, and relative strength of China in particular.

Best of luck!

Cheers,
Ivan Labrie.

Jan 3, 2023

Order cancelled

Chinese names gapped way beyond entry, and directly at the target intraday, might stagnate here or reverse, depending on broad market action.

Jan 4, 2023

Trade active

Finally triggered over resistance as expected.

Jan 9, 2023

Trade closed manually

I have a feeling that the move in China is overdone...in general.