xepev ideai think these two buy zones are a good entry point, i dont expect it to move higher quickly could be a gradual ,
Trade ideas
XPEV ready for a reversal? This EV car company in China may not do what Tesla did, but it will give you a bounce. I see it reversing somewhere in this green zone to the ATH. Not financial advice. DYOR.
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XPEV - Bullish Gartley PatternXPEV
- Seem to have completed a bullish Gartley pattern.
- AB = CD
- Confluence of multiple supports around $25, which is the high of the first day listing
- sign of stopping volume, hit a low of $25.27 and closed at $28.03, well off the low.
XPENG has a nice chart too, but firstly wait reversal candleWow xpeng is great, get ready your ammunition.
Xpev + Algos = Moon mission.xpev has been bleeding out for awhile now. we tried to catch it in the golden zone recently, but that didn't work very well and we got stopped.
the next algorithmic target sits at $29.39 (.786) and i do expect the algos to pick it up exactly there.
don't see that gap filling, but i do see a strong reversal in the days ahead if the buyers follow through.
>buy $30
>3% stop loss
Gartley Pattern Complete?I had this pattern completing on March 5, buuuut, it could definitely be complete today...
XPEV is currently in my buy zone $28-$31. Target 1 is Point C $60, Target 2 Point A $75, Target 3 is $128 a 1.618 fib extension XAB.
XPEV UpdateThe EV sell-off might bring it to 23 eventually.
We may have a bounce and dump or directly dump if the risk of the whole market on.
XPEV Bullish gartley patternXPEV had been cool down for quite a while, and now the bullish gartley pattern is starting to take over!
In terms of the stocks that having crazy rally on the hot topic,
waiting for 0.618 or harmonic patterns to get involved is pretty much a good way to realize
"being greedy when others are in panic"
While, there are still some rooms before this pattern finishes though.
Let's see how it goes yo!
I think it will reach 39$ $xpevthe previous year at lunar new year the sells was 0 ..this year 2223.. with big demand for the next month
Hammer the buy on $XPEVXPEV finally found the floor after a steep sell-off. Looking to go long here anticipating a nice earnings run-up
XPEV, Fib levels. long for ER playFib levels and support areas are clear but signal to me. Seel off due to the weaker market season, weak EV sector, and NIO ER sympathy. Perfect dip buy opportunity with stop loss in 28 areas and if you can tolerate more on 18 areas, and the reward is all-time high soon when the EV sector gets hot again. Immediate resistance levels are 40, , then 42.5, then VPOC at 46.7, and then 50 onward.
I'm definitely bullish about XPENG 🚀🚀🚀The entire world is bullish about XPENG. 🚀🐮 Don't see these black lines as precise trajectories. I don't write the future. I just respected the support and resistance areas.
You can always make money with stocks. It's never late! Don't FOMO!!
What's your opinion? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
Going long EV MarketThis EV stock IPO'd last year in the midst of a pandemic and I believe it has found bottom range. This is NOT financial advice, please do your own DD.
Great News For XPEVThe news was just reported that XPEV will release its new P7 sedan with lithium batteries, a battery a lot of EV companies are now adopting (companies like TSLA).
I was already bullish on XPEV, especially because they are a great company that is currently oversold and will likely make a correction to the upside in the coming days. Most likely I will add to my already existing position and hold long term. I'd first like to gauge its movement next week to see if it can hold its current support.
We could also see a break out of the pennant sooner than we thought!
You can check out the news article here -->> HERE
What are your thoughts?
Xpev Gartley HarmonicsMy take on RJleo82's & talgalimidy's discovery. I used an hourly candlestick chart, which got my points closer to matching Gartley's pattern. Although point C's retracement was less than ideal and exceeded .382, it still within a 1 Fib extension deviation causing point A to C being appx 16% off (742 sb 886). Buying Zone $32-$28, First Price Target point C $60, Second Point A $75, Third is a 1.618 extension from X at $128.
Disclosure: First attempt at charting a Gartley
Long | XPEV| Swing TradeNYSE:XPEV
Possible Scenario: LONG
Evidence: Price Action, Bullish reversal candlestick
TP1 ~55$ , TP2 ~65$, SL: 42$
* 20% Profit
This is my idea and could be wrong 100%
Entered XPENG long. 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
