ContraryTrader

Xpev Bull flag forming here

NYSE:XPEV   XPeng Inc.
I thought we could possibly breakout today but looks like the infamous 48$ resistance still is holding solid. Might take another leg down to flag bottom before a break out.. so I think this is a temporary short before a 20-30% move up.

The length of the flag usually dictates the distance of the breakout. In the case of Xpev the flag pole is 13$ long😉

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