@StopHunter:$XPeng Inc.(XPEV)$CHART OF THE DAY - price off 71% from Nov'20 highs. Earnings worse than expected the other day. Where is the EV Auto maker heading next in an ever increasingly competitive EV market place sector? I'm going to take a look at the technical analysis for any clues....The charts:Key price zones: (see weekly line chart attached) Next longer term upsides where a bullish recovery may stall around 28 to 30. If it can fight its way through that lot 33 to 36 the next stalling up zone. Lows 17/18 look more realistic! Volume solid all the way up/down - 20 to 50.Targets & Risk Management (See also Renko chart attached)....Overall opinion - BEARISHBullish upsides: T1: 27, T2: 33, T3: 41Bearish Downsides: T1 15 T2 10 T3: 5Sto
@koolgal:$SPDR Portfolio S&P 500 Value ETF(SPYV)$ With the current rotation from Growth stocks to Value Stocks, SPYV ETF represents the biggest and strongest Value stocks within the S&P500. In just 1 trade you gain access to companies like Berkshire Hathaway, Johnson & Johnson, Procter & Gamble, Exxon Mobil, Coca-Cola and many more.The expense ratio is a low 0.04%.In a Bear Market, $SPDR Portfolio S&P 500 Value ETF(SPYV)$ provides diversification and minimises your risks on single stocks. Best of all it is low cost and pays quarterly dividends. How good is that!@Daily_Discussion -What's your trade today
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