XPeng Inc. reported third-quarter earnings on Nov. 30. Despite falling short of analysts expectations, shares of the Chinese electric vehicle manufacturer soared in the session following the latest earnings print.
Earnings leave much to be desired
Based on the numbers, XPeng had little to celebrate in the third quarter. The automaker delivered just 29,570 vehicles. While this represented a 15% increase from the same period last year, it also marked a ...

Hey mooers,
After learning how to look for divergences between price and volume in the previous post, it's time to learn how to use on-balance volume (OBV) to confirm the underlying trend.
Traders often use the OBV to look for trend confirmations or try to correctly identify the strength and the direction of the ongoing trend. The OBV line's slope is also helpful. A trend accompanied by an OBV line with a steeper slope ...