Some Analysis on XPEV

2023-07-07

Last Friday I explained even after 13% big gain in 1 day, 36% gain in 1 week, 71% gain in 1 month, but Monday will jump up again due to deliveries. Monday pullback still 2.5% more consecutive gain, and will go up more for light volume squeeze. Monday end up more then holiday light volume, thanks to more squeeze covering and thanks to those who disagree and shorted more.

Rest 2 days of this week must give some small pullback for conservative players to sell and more shorts to double down, but won't last and will continued to be pushed by bulls because of upcoming next tuesdays much higher delivery numbers form G6. Sold 30k in 3 days and continued to sell 700-1000 per day, so that will push production to max capacity and easy decision to ramp up production.

The run will continue next Tuesday. Not over yet!

$XPeng Inc.(XPEV)$

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