XPEV is forming a reversal pattern perhaps following TSLA

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.
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.
Trade attivo
XPEV stock popped. I am up 366% on my options. Cannot be greedy will takethree 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.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.