As it looks to compete with Tesla, Inc. (NASDAQ: TSLA) in the competitive Chinese EV market, XPeng Inc. (NYSE: XPEV) appears to be in an excellent position to gain more market share thanks to its new EV – G6 – whose deliveries will begin this quarter. With specifications and software rivaling the Tesla Model Y, XPEV is well-positioned to grow its revenues...
If you haven`t bought XPEV here:
Then Analyzing the options chain of XPEV XPeng prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $0.68
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Resistance is around $11.61. At resistance if XPEV fails to break it then that would be a good area to short. If XPEV breaks resistance with good buying volume, then it can possibly head higher to $13.13 or the resistance zone: $16.72 - $18.25.
XPEV forming a bull pennant on the daily, with a breakout implying a move to HKEX:13
An idea would be to go long with a stop at $9.4 ... good R/R here, I'm long
XPeng Inc. (symbol ‘XPEV’) share price has been trading in a slight bearish momentum for the last 3 months without any signs of bullish reversal. The company’s earnings report for the fiscal quarter ending December 2022 is set to be released on Friday 17th of March, before market open. The consensus EPS for Q4 is $-0,05 compared to Q4 2022’s $-0,24.
‘The share...
I had published a video idea discussing Chinese EV names, and China reopening as a possible bullish catalyst for demand in the EV sector and to keep an eye out for bullish setups in the Chinese EV stocks.
I think the time has come to scoop some $XPEV exposure here, the weekly trend is now confirmed as bullish so the move I was anticipating in my prior post can...
As one of the hottest Chinese EV manufacturers, XPeng Inc. (NYSE: XPEV) is considered to be one of the most promising EV stocks thanks to its innovative technologies that set it apart from its competition. Since Covid lockdowns in China significantly impacted the EV industry, XPEV reported underwhelming delivery numbers in 2022 – far below expectations. With China...
Brief look at EV names here, I like the setups across the board and specially like the low correlation to $QQQ as of late, and relative strength of China in particular.
Best of luck!
Cheers,
Ivan Labrie.
Yes, the Xpeng stock has taken some very hard hits but this is just a reason more to love this stock! From the curernt low points we expect the course to push over the last all-time high an reach new highs of at least $95.43.
Looking at the XPEV XPeng Inc options chain ahead of earnings , i would buy the $10 strike price Calls with
2023-3-17 expiration date for about
$0.76 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
