$XPEV: Short term setup could evolve into longer term idea

Brief look at EV names here, I like the setups across the board and specially like the low correlation to $QQQ as of late, and relative strength of China in particular.

Best of luck!

Cheers,
Ivan Labrie.

Order cancelled:

Chinese names gapped way beyond entry, and directly at the target intraday, might stagnate here or reverse, depending on broad market action.

Trade active:

Finally triggered over resistance as expected.

Trade closed manually:

I have a feeling that the move in China is overdone...in general.