Very simple idea - we break that trend-line and $XPEV can retrace. Beware of resistance in supply zone drawn between $45 & $48, and consolidation if trend-line doesn't breakout. Clean breakout can see $58
Kommentar:
Rejected the $51 resistance level but maintaining bullish momentum. Needs to break $48 and then $51 for more upside.
Kommentar:
I'm not exactly loving the action on this. Need to clear $51
Kommentar:
Could not clear $51 and breaks down to new lows.
Kommentar:
XPEV finds support at $38 and is now pushing back into the higher pivot
If holds inside pivot range could make for good long. Need above similar levels as before with $51 as key resistance now
If holds inside pivot range could make for good long. Need above similar levels as before with $51 as key resistance now