XPeng Announces Vehicle Delivery Results for October 2020XPeng Announces Vehicle Delivery Results for October 2020:
• XPeng delivered 3,040 vehicles in October 2020, a 229% increase year-over-year
• XPeng delivered 17,117 vehicles year-to-date 2020, a 64% increase year-over-year
• XPeng delivered a total of 3,040 Smart EVs in October 2020, consisting of 2,104 P7s, the Company’s smart sports sedan, and 936 G3s, its smart compact SUV. The Company’s October deliveries represented a 229% increase year-over-year.
• As of October 31, 2020, year-to-date deliveries of the Company’s Smart EVs reached 17,117 units, representing a 64% increase year-over-year.
• Despite China’s Golden Week holiday in early October which affected deliveries, the Company sees strong business momentum supported by fast production ramp up and robust demand for its Smart EVs.
• It achieved a new milestone this month, completing the production of 10,000 P7s on October 20, 2020, just 160 days after starting mass production in late May.
finance.yahoo.com
Trade ideas
Long at $56 SupportNYSE:XPEV
Xpeng has been on a retracement path towards a potential support at $56.
If price reaches near $56 and forms a good rejection, price would start taking off towards $80.
In order for Xpeng to grow, price needs to fall back down and $56 would be a good price for Xpeng to fall back on.
Furthermore, if NIO were to close the gap with Xpeng, more investors would be hopping on the bandwagon.
XPEV AnalysisCongratulations to people who bought XPEV share, enjoy your 169% PROFIT that you made less than a month!!
As of now, there are still 2 buy signals present but the candles has reached at my resistance level (72.28), so it may be a good time to take profit.
If you take profit, keep watching for Engineeringrobo's candles, if the candles open-close above resistance level, you can buy again.
Or, you can wait for EngineeringRobo's sell signals to be present and sell.
Also, if you haven't bought XPEV share, you can buy when the candles open close above my resistance level (72.28) for 1D.
XPEV 12/4 straddle ideaI honestly don't know what price XPEV will be trading at by December 4th weekly options expiry. This company's price action in November has almost been impossible to get a handle on. With that said, it's price certainly does move. So It is therefore a good candidate for a straddle. I entered a $66straddle12/04 at 10:28am today while IV was lower from sideways movement and share price was at $66. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
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Possible 80 usd before 31 december?This stock has been moving without any logic if the fundamentals are taken into consideration. It is way overpriced, but who cares. As for me, I doesn't make sense to judge such stock from the fundamentals but rather we should consider the future possibilities.
If it continues to follow the trend, it will definitely hit 80 USD.
Xpeng The RocketThe 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
$XPEV PT 62.65 entry PT 46.80-48 PT 90 and higherXPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. The company's products also include autonomous driving software system. In addition, it engages in the vehicle wholesale and retail activities. The company was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.
finance.yahoo.com
Long XPeng again towards 60NYSE:XPEV
Tesla jumped $60 after news that it will join S&P500
This caused a huge momentum for the Chinese EV companies, pushing away bearish calls.
I was waiting on the double bottom back at $38 but this would not be happening.
Conditions will be pushed back to overbought later today and the day after following NIO's earnings.
I regretted taking profit early but I entered at $46, a bit high but it is still good.
Since I entered on the high, I will be trailing stop loss once it hits $50.
Notice that more people are valuing XPeng more, with price neck-to-neck with NIO.
This is faster than expected, but as I said before.
XPeng will triumph over NIO, mainly due to the economies of scale from automatic manufacturing.
All in all, Chinese EV is definitely an industry not to miss out.






















