at Critial point
$XPeng(XPEV.US$ Watch for it, if it doesn't bonuce from here it is toasted!!!!!! There is so many reason for a bounce here:
PRO 1. Still record sales August 2022
2. drop 52% in two months without a single bounce
3. At major support
4. New lows wiped out any stoploss
5. EV segment still very hot
CON 1. China lockdowns continues
2. China Taiwan conflict escalates
PRO 1. Still record sales August 2022
2. drop 52% in two months without a single bounce
3. At major support
4. New lows wiped out any stoploss
5. EV segment still very hot
CON 1. China lockdowns continues
2. China Taiwan conflict escalates
I see a 1st bounce to fill the gap at $21.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
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Desmondynamite : So will you keep this stock?
MonkeyGeeOP Desmondynamite: yes, xpev and nio is the leader in EV for China. it's undervalued now because of the china Taiwan conflict. big risk with high rewards