The electric car productions companies has entered a clear hype. This sector includes companies like, Tesla, NIO inc, Xpeng and others. In this analysis I will be focusing on the trend of Xpeng.
Xpeng has increased its stock value by far mora than 200% - emphasizing a clear hype in the stock.
Though if a buyer would be interested in entering the stock they should consider entering now when it has passed its upper line if resistance.
Disclaimer: i don't own stocks in this company
Xpeng has increased its stock value by far mora than 200% - emphasizing a clear hype in the stock.
Though if a buyer would be interested in entering the stock they should consider entering now when it has passed its upper line if resistance.
Disclaimer: i don't own stocks in this company