XPeng Inc.
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XPENV ready for a breakout with a min target of 64$

244
XPEV is doing perfect technical movements since the bounce from 22$ support. Today's movement above EMAs was critical but it fell just short of the descending trendline (can take profits here). It will correct slightly & then hit the 48$ target. From there, minimum target would be the 161.8% extension at 64$

Note: Not an investment advice. I have a long investment in XPEV.
註釋
A big green candle to break the trendline today! Next stops are 45.6 & 48
註釋
Beautiful brek of the trendline. It will be hard to break the 43.6-45 resisitance
註釋
Might move sideways till the 20d ema catches up. Watch for a break above 45.6
交易結束:目標達成
It hit both targets!! 20% in ~8 trading days. Can take profits here. I expect the stock to correct slightly & fly again (no bearish sign yet, so, can wait on the sell).

Trade closed
註釋
Remember - the long term target is 64, but closing the trade as I expect a short term correction before that
註釋
Damn! This stock moves so fast. Correction underway already. Be ready to get in at 42.5
註釋
Target of 64 in play earlier than expected due to an amazing earnings. Be ready to buy any pullbacks to the strong support of 48-50
註釋
Stock exactly at Wave 3 high, unexpected, but a real good buying point

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