Get started
eltonTrades

Overbought Xpeng, be careful of the dip

Short
XPeng Inc. (NYSE:XPEV)  
eltonTrades Updated   
NYSE:XPEV   XPeng Inc.
Fundamental Analysis Beyond Technical Analysis Trend Analysis
6
7
fundamental beyondta trendanalysis
XPEV

Update on Xpeng. Prices are skyrocketing but this is too fast. Nio is now being undervalued by Xpeng.
Price is at the highest peak of the Fibonacci retracement at 4.236.
For those who like to take risk, now is a good time to take a short against Xpeng.
For those who are holding, I would suggest to take profit before buying again at the dip.
Either ways, it is your choice.
Loving Xpeng. Cheers
Comment:
Updated an idea recently for a long position at $57.
Good correction for Xpeng.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.