XPEV is forming a reversal pattern perhaps following TSLA

26 Kas 2022

XPEV is presently finishing out a falling wedge pattern.

As shown on the 30-minute chart, exponential moving averages

are falling and converging in the narrow area where VWAP

is trending. At lower time frames a "Golden Cross pattern"

A stop loss can be set under the double or triple bottom

with a target being the 1/2 of the way to swing high about 10% higher

based on a routine retracement. This seems to be a quality

swing long setup based on a breakout of a falling wedge

and a confluence of moving averaged and anchored VWAP


I took some call options with a strike of $ 8 and an expiration

on 12/16 while expecting over 100 % profit.

30 Kas 2022

İşlem aktif

XPEV stock popped. I am up 366% on my options. Cannot be greedy will take
three of them off for the bank and let the other 7 run to at least tomorrow.

I am on watch for a 50% retracement from here- if any signs of a drop I will
close the puts and send half of the profits into put options.

Gotta also watch TSLA FSR and NIO.