Update on TA for Xpeng - bullish
Here is my update on the technical analysis for Xpeng. Like Nio, Xpeng has also broken out and is bullish.
Xpeng bottomed at 6.551 around the support zone of 6.18(ATL) - 6.63. It then broke out of the falling wedge and downtrend line 2. It may be heading towards resistances at downtrend lines 1 and 3 around 14.21 and 15.39 in the weeks ahead.
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bullrider_21OP : Bullish breakout.
蛤蛤 bullrider_21OP: How about li auto?
SoundOfMusic : Xpeng starts taking G6 orders in Europe, which would help to get to your price targets.
bullrider_21OP 蛤蛤: Not yet. But has bottomed.
bullrider_21OP SoundOfMusic: Agree.