As requested, I'll analyze XPEV today! 👍
As @ asadi2 requested, let's see how XPEV is doing!
Yes, XPEV looks interesting, but there a few things that we should be aware of!
Yes, we have a pivot at 41.13, that if broken, could make XPEV fly to the 43 in the blink of an eye.
But in the 4h chart we have a RSI divergence, and an advanced breakdown. These patterns aren’t confirmed yet, but they will be if XPEV loses today’s low: 38.70.
If this happens, then I see XPEV at least at 35, which is the 38.2% fibs retracement and the 20ma area in the daily chart.
We also have a weird divergence in the daily chart too, so be careful!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Yes, XPEV looks interesting, but there a few things that we should be aware of!
Yes, we have a pivot at 41.13, that if broken, could make XPEV fly to the 43 in the blink of an eye.
But in the 4h chart we have a RSI divergence, and an advanced breakdown. These patterns aren’t confirmed yet, but they will be if XPEV loses today’s low: 38.70.
If this happens, then I see XPEV at least at 35, which is the 38.2% fibs retracement and the 20ma area in the daily chart.
We also have a weird divergence in the daily chart too, so be careful!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
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