XPEV: The forgotten Chinese EV Play

2021年2月15日

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

2021年2月21日

註釋

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

2021年3月2日

註釋

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