1. Daily chart shows potential to run out of energy and will have a retracement any time soon.
2. The risk to go short is that price consistantly holds at 50ema. It will have a retracement from 87.90 to 83 (50 ema).
3. Once 50ema is broken, it will go to 70 which may hold around 200ema.
4. 15 mins chart looks different. It has potential to go new high which is...
1. lockup expiraction date 23-Feb-21
2. xpev compared to li and nio has advantage of automatic driving, and high investment into AI.
3. Current support around 38, and bounce back to 44, 44 is previous resistence, and it was not able to
zoom much above it. I think it will have another push down and break 38 level.
4. Will keep close eyes next week.
1. it has no retracement recently.
2. With the good delivery news and price cut in china, I think it will run to 750 next week and retrace.
3. I don't see any entry yet until a good pullback is coming.
1. $40 level holds 3 times with a higher low.
2. 1 day chart has 50ema holds 3 times as well.
3. nio day is coming at Jan 9th.
4. TSLA price cuts will have a big impact on NIO, since the price is so competitive.
5. Having a sell put around 45, and need to watch closely next week to see how much impact on the news.
6. First target 56, second target 68, and stop 39.
LI gets rejected on $30 level.
Lockup expiration date is 26-Jan-21.
Latest news for LI deliveries have a good result.
Tesla drops price for Y model in china, and need to see how much impact on LI.
From 1 day chart, it nears 50 ema and potentially breaks it. Will it get a further pullback into $15? That will be a crazy deal.
