XPEV: The forgotten Chinese EV Play untuk NYSE:XPEV oleh RobertTheTrader

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I am wary of Chinese ADRs, but I think this technical set up in XPEV is too good to ignore. I love the consolidation since it's peak in November, and I also think it has developed a solid support level the past few weeks at $45.

XPEV is another EV maker, so it has the upside of catching momentum on any news associated with the industry. I am targeting $60/65 as my upside target, while using a $36 stop to minimize my downside

Komen:

Pullback and broke support level. But will be watching this week to see a reversal. All names like XPEV got sold off very harshly. Still liking the set up a lot here

Komen:

Bounced out of the name, this trade did not work out for me. Will keep on radar however. Stock getting sold off today on bad delivery numbers

Penafian

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