VW Shares Purchase should show future Support.
Hype will settle, and then we go UP.
XPENG should find Support around the Area of Target.
I am still Long here to $40.
Will have to wait and see.
Only time will tell as markets are indecisive.
Regards Graham.
After receiving an investment from Volkswagen, XPeng Inc. (NYSE: XPEV) is on a roll as it successfully entered into a strategic partnership with ride-hailing giant Didi to acquire its smart EV unit. Through this acquisition, the company is expanding its presence into a new market segment which is the mass market since it intends to manufacture A-class segment EVs...
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...
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...
XPeng is one of the biggest Electric Car Brands in China. The Chinese Government announced that it wants to support Clean Energy and Electric Cars. Also Volkswagen published a Cooperation with XPeng to produce Cars together. This is a Sign, that the European Car Producers know that China is ahead of them. XPeng has low Production Costs and a Quality that is...
Hi all. My English has not improved, so I will apologize every time =)
So, today we will analyze the company XPENG.
The instrument has been in the consolidation stage for a long time, which gives us complete confidence in a good upward momentum. Now we should test the $12 area and go higher. The potential is huge, I would like to see a price in the region of...
Read the latest articles here , here and here
The weekly chart shows all 3 EV companies have broke out of its weekly bearish trend with Li Auto reaching its previous peak yesterday.
The EV market dominated by China is one of the pillar that it wants to focus in the coming decades as evidenced by the extension of the NEV tax reduction (read here )
If...
THANKS to the new G6 and above all to the agreement with Volkswagen, XPEV seems to be drawing a cup!
If it were to flex while also drawing the handle...
see you in October
NYSE:XPEV - Game Plan July 31st
Xpeng's stock performance and forecast:
On Friday, July 28th, 2023, Xpeng's stock price rose by 15.68%, from $20.22 to $23.39, with fluctuations between $21.45 and $23.62.
The stock has gained for 3 consecutive days and is up by 66.83% over the past 2 weeks. Volume has increased along with the price, which is considered a...
After receiving an investment from leading car manufacturer Volkswagen AG (OTC: VLKAF), XPeng Inc. (NASDAQ: XPEV) has become one of the hottest EV stocks in the market at the moment. Through this deal, the company’s cash balance will be boosted substantially which could allow it to further develop its ongoing projects – including the development of a new MPV....
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...
XPEV is registering massive net buying this past few weeks with positive volume surging +180% -- from an average of 15M to a whopping 42M. This conveys that buyers are definitely back in the scene -- in anticipation of the company's turn around in terms of fundamental and technical aspect.
On monthly data, Histogram has recorded it's first shifting lines after...
As it looks to compete with Tesla, Inc. (NASDAQ: TSLA) in the competitive Chinese EV market, XPeng Inc. (NYSE: XPEV) appears to be in an excellent position to gain more market share thanks to its new EV – G6 – whose deliveries will begin this quarter. With specifications and software rivaling the Tesla Model Y, XPEV is well-positioned to grow its revenues...
