Trade ideas
XPEV - Break through the TriangleHello everyone,
I hope you are all doing well!
In this analysis, we have are moving inside a huge triangle and are currently at the bottom.
We are sitting on a KEY SUPPORT that I beleive we are going to hold and go to $39 and then go to $60 to form an even bigger channel on the Weekly Chart.
There is possibility of more bad news and break lower. The lowest point would be between $17 as that is the only place that the price has gone to, since we do not have any data of lower price movement, however, I do not think that this is the likely scenario here.
Currently, only 1.16% of the shares are in profit. Think about how the BIG hedgies would react to being at a Loss, would they Sell or Doubble Down and Average Down their position? These prices are a steal to have for Long-Term investing and 98.84% are bought higher than you would buy now ;)
Controlling your emotions is one of the key elements in being profitable in trading and now is the time for the market to test your control. Do not panic sell as there has not been any funadmental changes in the price to bring it down as much with the company, the investment funds are currently in Crypto, so that is why we have fallen so much. As soon as Crypto dies, the funds will flow back.
Thank you for the attention, I wish you an amazing Friday!
XPENG We have good market for buyers and nightmare for holders. Now XPENG is near the supp at 25,18. What rational moves we can do here ? Why not to buy at ~25,00-26,00 in order XPENG bounces from the support. Sounds pretty logical, but what if it keeps digging the hole? We have another extra strong supp around ~20,00. And what is rational to do at this point? Why not to buy at this point too, it is extra cheap stock with super big potential to be at 100 or even 200 after X yrs. Tesla wasnt build in a day, it took 9yrs to reach 100 and then it skyrocket. Xpeng is created 2018 not in 2014. So it has to move much faster becouse its an age of technologies :)
My expectations for Xpeng :
Pullback to somewere at ~40,00.
By the end of the year to be somewhere at 60,00-80,00.
XPEVNot bad here I could see $55 being tested. Set a SL below bottom TL around $28 in case sh*t get ugly.
$XPEV Butterfly Pattern Hey guys, we got stopped on $XPEV @ break even after we hit Tp1 from our last Bat pattern, i will be watching this butterfly level if we get there.
I am not even putting Tp3 up there because in current market conditions we are lucky if we get 1 and 2, If i get Tp1 , i am not letting 2nd lot go red on me (stop to break even) until further notice just an fyi.
Lastly if you have interest in getting a video breakdown of when, why and where i find these before they happen weekly please drop a comment or dm me.
Xpeng Bullish Hey guys, we got tough week there huh ?
I am afraid to say that it is not over. Xpeng is very close to support at 29.49 if it do not hold we are likely to see Xpeng at 25.18 or 20.21. Market before earnings is likely to be bearrish than bullish. For example Nio ;). 2 days before earnings sotck fell. So i am thinking that the real uptrend can start only after earning report !
In my opinion it will be a good idea to buy at the end of the downtrend or wait for the uptrend conformation.
Lower it goes cheaper we buy ;).
Comn if u do not agree
$XPEV - VERY BEARISH $25 first targetWatch support, if cracks, then lower lows., Following Channel still intact
XPEV DropGood Evening,
As EV stocks are performing weaker recently and XPEV performs poorly in relation to the overall market, I expect a drop below 30$ soon.
Fundamentals/Macro:
i) relatively weak EV sector
ii) meme stocks are receiving increasingly negative perception by new market participants
iii) Imminent profit taking after ER of big names
Technicals
i) XPEV could not hold daily EMA
ii) could neither hold 33$ nor 32$
ii) XPEV experienced a strong rejection from the upper wedge trend-line
iii) Volume is consistently higher on loss days, showing persistent sellling pressure
I expect a break of the lower wedge trend-line followed by a violent drop below 30$
Thank you.
BULLISHEV sector primed to run,With earnings coming up this will go up regardless of what type of catalyst is thrown .Get in those cheap calls while you can
Xpeng BullishI see only two scenarious from there.
1. Xpeng break out ~39 resistance and goes for ~50, or..
2. Xpeng do not break at ~39 resistance and gives another chance us to buy more at ~30 and try again :)
Personally i bought at ~30, be patient, everything is just the time question.
Long | XPEVNYSE:XPEV
Possible Scenario: LONG
Evidence: Price Action
TP1 ~35$
TP1~ 38$
Call options, Strike 35$, 05 /21/21
This is my idea and could be wrong 100%,
xpevxpev at support i dont know if its going to hold usually support areas are buy entries right now its at 30 so naturally thats a buy point but if it the market decides to go below 30 chances are it goes to 27 or 25 for secondary supports, so we shall see what happens. also if spy corrects maybe it could drag the entire market down so keep an eye and dont risk too much use stop loss, good luck
XPEV Analysis $XPEV | #Analysis | #StockMarket
Price Target 45.94 🎯
Symmetrical Triangle ✅
Double Bottom with Bullish Hidden Divergence ✅
Consolidation above 0.236 Fib ✅
Elliot Wave + Harmonics + Fibs Projecting Impulse Move ✅
Entry on Break of 35.50 with Confirmation ✅
Invalidated below 29.40 ❌
XPEV - if hold $27.86 TP $46/47XPEV - if hold $27.86 TP $46/47
fibs and support/resistance line on the chart
