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jackohgorman
Feb 24, 2021 7:01 PM

Entered XPENG long.  Long

XPeng Inc.NYSE

Description

EV stocks had their time to correct.

Now it's reversal time, so let's long this baby.

RSI is so oversold the cyclical phase must begin. ATH is a definite possibility.

Inside ownership also re-instills faith all the big boys are in this great stock,
Blackrock, Goldman, JP, Shaw, CS, and finally big Mr. BABA.

Let the chart speak for itself.

(Disclaimer)

(This is not financial advice, just my opinion)NYSE:XPEV

Comments
nuddy
great chart, have you entered a stop?
jackohgorman
@nuddy, Thanks for the feedback. SL is set to 30$ but checking Keltner channels atm.

It looks like we should see a regression back to the mean :)
SUPERGENERAL610
Pretty good entry...
jackohgorman
@Lee4592, Hey, anything under 40 bucks is a bargain compared to the potential of this company. China EVs are set to take their fair market share.
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