Elsa Beh
2022-08-25

Great

@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 - BEARISH Bullish upsides: T1: 27, T2: 33, T3: 41 Bearish Downsides: T1 15 T2 10 T3: 5 Stops: Bullish 17, Bearish 22 Conclusion - from the charts its not looking great and maybe more pain to come!? I am unaware of any fundamental reasons why XPeng should show a dramatic turn about in stock price. Maybe its 2 new car models its recently highlighted may alleviate shorter term issues? Lot of local competition as well from $NIO Inc.(NIO)$and my favourite $BYD Co., Ltd.(BYDDY)$+ others also not helping. If you’d like to find out more about what I do, you can get in touch with me via: Email: info@thestophunter.co.uk Website: www.thestophunter.co.uk YouTube: thestophunter Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER: THE STOP HUNTER Intro Post & Links (Links to YouTube at bottom of post) Best of luck with the trading, Regards Stephen
$XPeng Inc.(XPEV)$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 - BEARISH Bullish upsides: T1: 27, T2: 33, T3: 41 Bearish Downsides: T1 15 T2 10 T3: 5 Stops: Bullish 17, Bearish 22 Conclusion - from the charts its not looking great and maybe more pain to come!? I am unaware of any fundamental reasons why XPeng should show a dramatic turn about in stock price. Maybe its 2 new car models its recently highlighted may alleviate shorter term issues? Lot of local competition as well from $NIO Inc.(NIO)$and my favourite $BYD Co., Ltd.(BYDDY)$+ others also not helping. If you’d like to find out more about what I do, you can get in touch with me via: Email: info@thestophunter.co.uk Website: www.thestophunter.co.uk YouTube: thestophunter Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER: THE STOP HUNTER Intro Post & Links (Links to YouTube at bottom of post) Best of luck with the trading, Regards Stephen

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