XPEV trade ideas
Xpeng Motors (XPEV) Stock AnalysisThe Idea is to go long only once the price set back has finished and if the 50 USD support level will not be broken.
NYSE:XPEV
XPEV technical analysis - elliott waveA possible retracement back at $36, a good potential entry point for wave 5. Also, possible next retracement back at $24. Due to market momentum, the first retracement is more likely at $36.
XPEV GARTLEY Long D leg @35 stop below X @30, Follow take profits. Ultimately it could hit 100! (2022)
XPeng 40% next weekXpeng has a possible imminent w breakout/ symmetrical triangle.
There is hidden bullish divergence which means trend continuation.
Risking 5% to win 40%
XPEV -Shooting StarShooting star top and high volume may indicate short term top
targets on chart
could go and close the gap
Long XPeng again towards 60NYSE:XPEV
Tesla jumped $60 after news that it will join S&P500
This caused a huge momentum for the Chinese EV companies, pushing away bearish calls.
I was waiting on the double bottom back at $38 but this would not be happening.
Conditions will be pushed back to overbought later today and the day after following NIO's earnings.
I regretted taking profit early but I entered at $46, a bit high but it is still good.
Since I entered on the high, I will be trailing stop loss once it hits $50.
Notice that more people are valuing XPeng more, with price neck-to-neck with NIO.
This is faster than expected, but as I said before.
XPeng will triumph over NIO, mainly due to the economies of scale from automatic manufacturing.
All in all, Chinese EV is definitely an industry not to miss out.
XPEV 30% breakout!XPEV broke out today, hitting $45 at a 32% breakout. We have been watching this stock since it was around $17, buying in at $19. There will be a profit taking coming up, and if you are not in this stock yet, there is a GAP trade to play that may work out for you.
$33.45 was where the stock closed, before opening well above the closing price, creating a big gap. Because the stock is in price discovery, it will be very volatile, and should be able to return to gap. However, IPOs are unpredictable at best, and we can never be too sure. Wait for reversal to play out, then see if gap trade is still tangible.
XPEV SHORTHave sold my position in XPEV and am SHORT on XPEV, JP raises target we short. Dumb money..... Pump and Dump SHORT AT $48
Great momentum upGreat momentum up
now we just have to wait for it to reach a level of structure and an interesting turn for a purchase
BREAKOUT TIGHT BASE AND HIGH VOLUM BUY ABOUT 45.40$Xpeng Earnings
Estimates: Analysts expected a loss of 18 cents per ADS on revenue of $284.6 million.
Results: Xpeng lost an adjusted 32 cents per ADS. Revenue came in at $293.1 million, up 342.5% in local currency terms.
Gross margin was 4.6% vs. -10.1% a year earlier.
Vehicle deliveries, already reported, hit 8,578 in the September-ending quarter, up 266% vs. a year earlier and 166% vs. Q2 2020. Deliveries of the P7 sedan, a rival to the made-in China Tesla Model 3, jumped to 6,210 vs. 325 in Q2. P7 deliveries began at the very end of Q2
1% CAPITAL
XPEV reports tomorrowThis is just a wild guess. I assume tomorrow will break only better news as the growth continues. Cheers
I'm long and this is not advice in any shape or form.
Golden Opportunity End of October Missed, Resistance BreakoutI missed a golden opportunity for the end of October for a resistance wedge breakout. This was after my September bearishness, and the case for September was there. That said, it looks like a continuation of a bullish pickup and support pattern have been happening. The last few weeks, I have been doing the occasional watching from the sidelines and am seeing sentiment pickup especially given earnings. That said, invest at your own risk and do your own due diligence. Please consider everything I'm saying on an opinion based basis.
My new opinion about #XPEV stockMy New opnion about #XPEV
we see alot of selling volume at last days
if tommorrow S&P 500 will be red, i belive xpev stock go down to 29$-30$
at 12.11.20 #XPEV`S Earnings will published and the stock jump from 30$ to 36$ (mabye more)
Between 16 - 17 / 11 / 20 the stock go up becasue Nio`s Earnings
and #XPEV stock go up to 40$ or more
Just my OPINION!
Long Xpeng to under 45NYSE:XPEV
Expected price to hover around 35 after sharp rise last week. Current range for Xpeng is 30-40 and a clear support is forming under 35. Furthermore, a slow decline in price for Xpeng while hovering above 30 is a strong sign for Xpeng.
On a macro overhead, the market is currently favoring more towards NIO over Xpeng, so price would not overtake NIO in the short run. Notice that when Xpeng price was near NIO, there was a sharp dip. Furthermore, volume for NIO is significantly higher than Xpeng. If the price for Xpeng were to be near NIO in the short run, it is a good sign to take profit before entering at the drop.
However, I believe in the long run, Xpeng will triumph over NIO.
Currently expect price to hover under 35 but above 30 until earnings report on the 12/11/2020 before rising.
Currently ema 10 crossed ma 10 but gap remains narrow, and the RSI is out of the overbought range, indicating a good price for investors to enter.
These are just my current thoughts, I am still on holding at 23, but plan to take profit at 43-44.
What are your opinions?
XPEV: Weekly Outlook and Key Points!Hello traders and investors! I usually do a lot of analyses regarding TSLA and NIO, so how about a XPEV analysis for a change? Let’s see what we can find here.
First, the daily chart is looking impressive! We have two open gaps here: One Breakaway Gap , which defeated the black line at $ 23.10 (previous top/resistance), and another gap, which we still don’t know its type.
If it is an Exhaustion Gap , it’ll be filled quickly, and probably XPEV will hit the 21 ema in the next few days. If it is a Common or a Runaway Gap , it won’t be filled so soon, and the bull trend will continue. Either way, we’ll have our answer next week.
Today’s candlestick could be a Dark Cloud Cover (DCC), and if this pattern is going to be triggered, probably XPEV will do a pullback to the 21 ema, filling the Exhaustion Gap in the process.
Now, let’s take a look at the hourly chart:
We have 3 gaps in the hourly chart, but I find it very hard to believe XPEV will drop below the $ 20 again. The trend is clearly bullish, but the chart is too stretched, as it didn’t even touch the 21 ema at any moment.
There are no signs that the trend will reverse, but a pullback is desirable . I would look for a bearish pivot in the hourly chart or wait to see if the DCC candlestick pattern is going to be triggered in the daily chart.
Also, we have two pivot points here: The black line and the red line. I find it very hard for XPEV to defeat the black line now, and I would keep an eye on the red line, because if XPEV loses it, the bull trend will start to look weaker.
These are the most important points to keep in mind, and if this idea helped you, please, support it ! And follow me to keep in touch with my daily analyses!
Have a great weekend.
XPENG -METEORIC RISE, MEANS METEORIC FALL !! XPEV AND NIO ANALYSSo in the last 3 days in particular , XPEV the Chinese electric vehicle maker, has been exploding up, and there are many reasons to this which we will cover here in a moment but as an investor who is heavily invested in XPEV this causes me reasons for concern.
In a lot of the cases (excluding Tesla), when we see a meteoric rise such ass XPEV and NIO had in the last few days, this will mean a lot of investors that don’t really analyze the company properly and just jumping in the hype – but these are usually short term investors who are looking to make a hit and run. For me as a long-term investor in the EV market that means bad news.
A bit of Technical:
IMPULSE WAVE - positive sentiment causes massive volumes that are unstable and not sustainable
There is a clear method to how an impulse wave should work, and when you experience 3 motive waves as we see here that are all extended one after the other that means the corrective waves are going to be just as sharp.
We are looking at retracing wave of 618 of FIB if the stock finishes its motive wave in these manner -which means stock will fall down below the 30$ line.
NIO Wave chart:
Lets talk FUNDAMENTAL :
-XPEV delivered 3,040 in Oct over 200% from the previous year and considering the COVID-19 environment around us at the moment ,that is tremendous in my eyes, add to that the fact that 70% of those were the new Sport sedan P7 which is getting very positive reviews.
The EV market is creating new companies like mushrooms after the rain , and though competition is good , inflating a market with so much money and so many brands before it matured enough to sustain it can cause a domino effect and drop the EV market down to new lows and requires us to be patient to see our investment going profitable again.
The earnings of Xpeng are coming in Nov 12 and are expected to be positive – and here exactly is the issue – if expectations from investors on earnings are so high , even positive earnings with a slight downside can bring the stock down like a house of cards at -10% and even more.
To sum up – I am a strong believer in EV stocks whether Biden wins or not, but I would say : don’t put all your eggs in the EV market as this can get rocky!
WE analyze the stock market acc to the great Ralph Nelson Elliot and combine that with fundamental and sentiment analysis on a theory we call Market Cycle Based Analysis and that gives us high prediction rate 😊
This is not a recommendation but our personal advise
Trade Safe, and invest smart !
