$XPeng Inc.(XPEV)$ There could be a big wall building up at $12.75. If it does break it on Monday morning, the pullback will most likely happen. First support is at 12.25 and second support is 11.78, then 11.52. 38.2% Retracement From 4 Week High is at 9.96. With the RSI at 79, it might be time to try and flip to gain more shares next week. Then again, it could keep running. Will be watching closely on Monday's open. Remember, a pullback is health for a stock, and one will happen here, just waiting for the right time.
Will be a $50B+ company in the next 12-18 months. Long term hold and flip with caution!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments