The XPEV share is currently trying again to establish itself below the $7.51 support level. We assume that it will succeed in doing so soon. The green wave (2) should lead to a sell-off to the blue Target Zone (coordinates: $5.31 - $3.01). There we expect the low of the protracted correction and thus a long-term trend reversal. Traders and (long-term) investors...
If you haven`t bought the dip on XPEV: Then analyzing the options chain and the chart patterns of XPEV XPeng prior to the earnings report this week, I would consider purchasing the 9.50usd strike price Puts with an expiration date of 2024-3-22, for a premium of approximately $0.51. If these options prove to be profitable prior to the earnings release, I would...
NIO's disappointing earnings were not a surprise. Given the context of China's recession, NIO did better than many expected. TSLA is down as well. NIO is doing as well as most of its peers. On the 120 minute chart, NIO is down 60% from the end of the year highs. The RSI indicator confirms that NIO is in oversold undervalued territory. NIO is at the bottom...
On a down market day I decided to look at the comparision of market cap between TSLA and NIO by a share price ratio basis. On the daily chart, albeit with fluctuations, TSLA is continuously gaining market cap compared with NIO. This ratio allows for a tool to help decide whether to buy TSLA or NIO. In short, TSLA is a buy at the low pivots of the ratio, while...
NYSE:NIO It seems like the downtrend trendline has saved the stock... for now... I haven't sold my position purchased at around $5.80
I dont see any signs of recovery Until it breaks aways from this bear channel. I dont see any positive signs technically Earnings coming soon and it looks like it will hit the bottom again or may be even go lower if there is a miracle then it might reverse but that doesn't look like on the horizon technically! STAY AWAY!!
UCAR, a NASDAQ penny stock and a Chinese auto dealership enterprise is experiencing a huge relative volume spike. UCAR had a great week in very active trading. Now priced at about 0.07 per share, my near term target is 1.58 representing a consolidation pivot on the chart. The all time high is the is 300X upside more or less. This is a risky play. It...
XPEV, at $23.62 in July 2023, may be in the Y wave of the Ellliot WXY Double Correction. Accordingly, it may end wave A, the first correction of the Y wave, around $11.5-12.3, which is the Anchored VWAP line, perform wave B, go up to around $15, and end the Elliot Double Correction wave with wave C between $8.5-10.
Chinese electric vehicle maker, XPeng Motors (NYSE:XPEV) announced Wednesday that the international model of their XPeng G9 SUV has received a five-star 2023 safety rating from Euro NCAP. The five-star safety rating system by Euro NCAP is designed to assist consumers, families, and businesses in easily comparing vehicles and selecting the safest option suited to...
💡 Pattern: Bull Flag 💡 RSI: 39 Negative 💡 Risk: High ✅ Resistance: 277 ✅ Support: 214 PERFORMANCE 🔴 ST: NEGATIVE 🟡 MT: HOLD 🔴 LT: NEGATIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️ _______________________
XPEV on the 2H chart had a summer peak with the announcement of the collaboration with VW which then ran into quicksand. Price fell down to the support and demand zone and now appears to be rising despite a miss on the earnings report. It seems that with the US markets in quagmire, some investors and traders are diversifying offshore. XPEV, NIO, BABA and...
NIO on the 4H chart was on an uptrend into a double top in late July and Early Augus. This was confluent with the second upper deviation line above the mean anchored VWAP line which is thick black. Now on the retracement price has hit the mid-Fibonacci levels of 0.38-0.5-0.62. The MACD is sowing an early buy signal with a line cross under the histogram. I...
🔹Rising trend breaking downwards in medium long term. 🔹Currently testing support at 210, which could potentially signal a POSITIVE reaction, but a downward breakthrough could indicate a NEGATIVE signal. 🔹Low RSI indicate oversold and potential rebound reaction. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB -...
XPEV a few weeks back had the hype and excitement of the VW deal marked on the 1H chart as a head and shoulders from which it has falled onto a thick support and demand zone at the present. The ZL MACD indicator shows a line cross under the histogram which has went red to green. On the dual TF RS indicator the greenlower TF has crossed above the black higher...
XPEV is trending up. It is Chinese in the biggest EV market on the planet. No import duties. Low-interest rates on debt and consumer auto loans here as the government is doing the opposite as the US fed. Now the collaboration with VW which has legacy excellence in manufacturing with XPEV whose forte may be technology and autonomous driving innovation. On the...
LI has seen a 60% price rise since significantly beating the earnings estimates of the analysts. LI competes with TSLA and NIO primarily in Chinese and perhaps a little in Scandinavia. It does not import to North America. The 2H chart shows price rising consistently in a channel between the first and second standard deviation lines above the mean anchored VWAP...
PSNY has been relatively stagnate for a while.... which is good after an emotional dump into a new low. It means its accumulating. This company is undevalued compared to the other electric car companies out there. I wouldn't expect this stock to move a lot up front. However its cheap to do a leap on this til jan 24 and let it do its own thing. Out of all of...
NIO has earnings coming up at a good time when the China ecomony is recovering from the lockdown and holding interest rates down to support economic expansion. NIO is also very busy selling their EVs in Scandinavia. On the one-hour chart, NIO has risen above the demand/ support zone and seems to be retracing the recent downtrend. The indicator shows...