Shyon
03-18

I found a good example here, Xpeng $XPeng Inc.(XPEV)$ stock forms an uptrend line since early February this year. The uptrend line is represented by the blue line drawn in the attached image. This could consider as a strong trendline support as the stock price rebounds from this support lines for at least 6 times in just a few weeks time. Everytime the stock price reaches this line, it will attract buyer and therefore acting a support trendline technically. A stock with such movement is considered as a bullish stock!

🎁Screen Capture Interaction| Is Your Stock Still on the Upswing?

@Tiger_chat：
[Wow]Hi Tigers, Keeping tabs on your stock's trajectory is key for any investor. If it's still within an upward channel, that's promising. Look for consistent movement above the lower trend line, with occasional peaks near the upper trend line. For Like: (This stock is for reference only and is not intended as direct investment advice) Usually, analyzing technical indicators like moving averages and support/resistance levels can confirm the stock's upward trend. If it consistently rebounds from support levels and breaks through resistance, that's a good sign. [Smart]But remember, there are many factors at play: Market sentiment, company performance, and global events can all sway stock prices. Staying vigilant and conducting regular analysis is crucial for smart investing. [Smart] [USD][Allin][OK]Join to discuss your stock's current position, or share the stock you think its still on the up trend and worth entry when reatreat.
🎁Screen Capture Interaction| Is Your Stock Still on the Upswing?

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