I think that NYSE:XPEV completed the Elliot WXYXZ correction wave in April 2024, which started in July 2023. I think that the major Elliot wave, which I am currently showing with the red line, has started 3 impulse waves. I think that this 3rd impulse wave will make the 1st wave. This impulse movement can take NYSE:XPEV up to $13-$15. Take Profit Point...
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.
They lose -$500K for every car they sell. Their sales are down ~30% since Q4 of 2022. Their production is down ~40% since Q4 of 2022. They have 4,900 cars in inventory, which is more than 3x their average quarterly deliveries, or 310 days on hand. In 2021, they had a target of $5.5B in 2023. So far this year, they are on track to hit $600M. That's 90% less...
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...
16 Feb 2024 - Safe trade Both ITM Call 1: Buy call optionf or $ 200 for $29.95 2: Sell call Option for $ 210 for $ 24.40 Net debit $ 5.55 to make $ 10 (ROI 94% Arbitrage)
💡 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 ❤️ _______________________
Buy 100 Share of TSLA at $ 209 and Sell $ 200 Covered Call for for 1 Dec at $ 15.50 This Trade will result in Net profit of $ 650 By 01 Dec With Greater Headinng for $ 1450 which si close to bottom of $ 194 Enjoy Free Money $$$$
This trade for Large account only - TSLA Delta Neutral Trade - for next 6 months 1: Sell 1 Put Option for $ 210 for 17 May and collect $ 2930 2: Sell 1 Call Option for $ 255 for 17 May and collect $ 1845 Total Premium collect $ 4775 Make sure you hold 100 Share for this position to Hedge Analysis Our pivot point stands at 213.6. Our preference The...
TSLA Can Break out either side Trading range for stock will be $ 200.20 or Upside $ 395.30 Our pivot point is at 265.1. Our preference The downside prevails as long as 265.1 is resistance. Alternative scenario The upside breakout of 265.1 would call for 287.4 and 300.5. It will be intersting to watch $ 265.10 Breakout or sell off Best Stratgy is Buy...
TSLA Pivot Point $ 268.20 Multipleg Credit trade with hedging 1: Sell 1 Put for $ 250 for 15 March and collect $ 2450 2: Buy 1 Put for 27 Oct for $ 200 for $ 100 3: Buy BulL Debit Spread Call for 15 March for $ 350 and $ 390 with Debit $ 650 Net Credit $ 1770 and Keep Counting $$$$$$$$$$$$$
Our pivot point stands at 227.00 Our preference ***Short term rebound towards 295.50*** Comment The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading above its 20 day moving average (239.5155) but under its 50 day moving average (256.243). Supports and...