XPEV TARGET REACHED
Updated
XPEV CALLS HAVE PRINTED OVER THE LAST TWO WEEKS!! I POSTED a chart over a week ago of XPEV breaking out of a bullish triangle, I said it could run to the area of resistance I marked at roughly $40.
I initially bought 5 06/18 $36 calls (.56 ea) on 05/26
Today they are valued at (4.32 ea) and have reached my target for a gain of 672% or profit of $376 per contract.
I initially bought 5 06/18 $36 calls (.56 ea) on 05/26
Today they are valued at (4.32 ea) and have reached my target for a gain of 672% or profit of $376 per contract.
Note
If it breaks through this level of resistance there is a chance it could run to $44, but my initial profit target was reached and I have sold all of my positions, don't look to re-enter at the moment.
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