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XPEV

XPEV collaborating with VW = China EV on fire !XPEV is trending up. It is Chinese in the biggest EV market on the planet. No import duties. Low-interest rates on debt and consumer auto loans here as the government is doing the opposite as the US fed. Now the collaboration with VW which has legacy excellence in manufacturing with XPEV whose forte may be technology and autonomous driving innovation. On the 2H chart, the stock price jumped fast and hard on the news catalyst. The MACD launched signals over the histogram and the Volume Price Trend screamed higher. This all spells momentum. While there is a risk of a downfall reversal and drop as they saying goes make hay while the sun shines. There may be shadows of short selling squeezing here. Time will tell. For sure being late to the party is sometimes a waste of time. The real show will be watching XPEV/ VW competing with both NIO and TSLA in China. To the victor goes the spoils. Hold on as the ride will have some bumps.
NYSE:XPEVLong
by AwesomeAvani
1
LI , a Chinese EV manufacturer LONGLI has seen a 60% price rise since significantly beating the earnings estimates of the analysts. LI competes with TSLA and NIO primarily in Chinese and perhaps a little in Scandinavia. It does not import to North America. The 2H chart shows price rising consistently in a channel between the first and second standard deviation lines above the mean anchored VWAP demonstrating trend persistence and momentum. The zero-lag MACD shows a line cross at the zero horizontal line and rising as confirmation of bullish momentum. I see $40 as a reasonable target at the level of the 3rd upper standard deviation lines. With the next earnings report due August 21st, I will take a long trade of ten call options striking $38.00 expiring 8/18/23. On the last trading day, this option had a low of $1.75 and a high of $1.90 for an intraday rise of about 8%. The contracts will cost about $1900. I am expecting about a 3% average rise compounded over 30 trading days or 250% return on the trade.
NASDAQ:LILong
by AwesomeAvani
PSNY break out above the Ribbon (Setting up for Mark Up phase)PSNY has been relatively stagnate for a while.... which is good after an emotional dump into a new low. It means its accumulating. This company is undevalued compared to the other electric car companies out there. I wouldn't expect this stock to move a lot up front. However its cheap to do a leap on this til jan 24 and let it do its own thing. Out of all of the electric car stocks this one seems the healthiest financially and is actually delivering 100k of vehicles with goals to out do its self this year. The indicator is the ESVO it shows where price and volume are in sync and when price breaks out above them its a sign that its hit accumulation and preparing for a mark up phase. The push back down into the ribbon is the last step before it takes off... This should bounce off the ribbon when it comes down and continue to make for new highs until it runs out of steam. This could be days , weeks , months, or even years..... depending on what time frame its doing it in and what part of the bigger move its in. Look at ENPH when it was $50. by iCantw84it 05.02.23
NASDAQ:PSNYLong
by iCantw84it
2
NIO longs for an earnings playNIO has earnings coming up at a good time when the China ecomony is recovering from the lockdown and holding interest rates down to support economic expansion. NIO is also very busy selling their EVs in Scandinavia. On the one-hour chart, NIO has risen above the demand/ support zone and seems to be retracing the recent downtrend. The indicator shows momentum and RSI to have crossed the 50 line but money flow is lagging. Volume is picking up in the last few weeks and price has now crossed over the POC line of the volume profile as another sign of bullish buying pressure and dominance. I will trade a long trade in NIO now before the earnings expecting good price action and volatility will yield decent profit in the trade. The stop loss will be below the support zone and the first TP at $8.00 being the top of the high volume area of the profile while the 2nd TP will be $8.50 and final at $9.00.
NYSE:NIOLong
by AwesomeAvani
Li Auto is about to manipulate the highs it made a year ago!I annotated this chart so hard this time and I know its annoying to look at...but you have your own clean screens to look at it... This should atleast explain what I see and help those who don't know, what to look for. I accidentally came across this chart because I was trying to type bili bili but when i saw the chart with my ESVO lines on it I was like I have to play it. So for me this is just an update to this play that I got into a week ago. Obviously it looks a lot better now that we are here. And I never once thought my bias was wrong as you can tell it didn't want to dump. Because if it did want to it would have. The price was always withing a dollar or a dollar and change to the entry. Now that it has come back to this area I broke down everything the lines are telling me plus everything I see with the amount of space that I have to work with. I could go into about 5 other kinds of trading styles and break those down but I figure I will just leave it at this. Its bullish! All the other stocks in the group are moving with it. So that tells me that big money has been fostering this group of stocks to get it to this point over the last year or less. Since the last highest high. So that should tell you there is a pile of shorts up there that need to be covered for them to continue this move up above that. unless there is a massive surge of volume it might take a while to consolidate all of them. I will be looking for a trend line that this will be tapping into over the duration of this move. And also a trend change which shows that liquidation of shares has begone and that we should be looking for an exit. I do think this could take another 3-6 months to complete. all of the hot areas for this stock are marked on this chart with the exception of the three just below our current price. And Current Price of HKEX:26 this weeks highest volume area $24 Automatic, Session, Daily, Highest High HKEX:23 Daily. Weekly HKEX:22 Highest Low all great supports as they are all stacked under us. If nothing else I think we should hit HKEX:30 however, HKEX:38 and $41.50 are also huge areas of untapped stop losses and pockets of retailers waiting. by iCantw84it 04.17.23
NASDAQ:LILong
by iCantw84it
5
TSLA Cup & Handle Bullish ContinuationTSLA as shown on the 60 minute chart has been in a cup and handle since the last earnings report. Trading volumes increased then and the print is a gradual downtrend reversed to a gradual uptrend then the handle formation and finally the breakout above the lip of the cup. TSLA and Ford this week announced collaboration on a charging network primarily with Ford customers getting use on existing TSLA stations and both companies expanding the network. Perhaps this mutually benefits both companies. China holding interest rates and perhaps lowering them more easily allows financing of new Telsas in TSLA's biggest market. Based on the technicals about the cup and handle and the height of the cup. the pattern which has good reliability predicts bullish continuation of $40 upside. In consideration of this I will take a trade of an additional 2 contracts ( strike $180 Exp mid November).
NASDAQ:TSLA
by AwesomeAvani
NIO breakout from descending wedge NIO is shown on a 4H chart. It has been downtrending for 3 months. Howver, April and May has high relative volume trying to reach the capitulation of a bottom. Thursday May 4th marked a near term bottom. NIO is now rising and breaking out of a falling wedge drawn onto the chart. It has crossed over the POC line of the volume profile ( This is the price level of the highest volume of trading). Price is impending a mean anchored VWAP. Relative strength has spiked. With this confluence of bullish signals, I have taken a long position which has appreciated 4.6% in the first half of the trading day having opened the position in the pre- market. I will now take a trade of call options striking $ 7.00 DTE 7/21. The rising dollar strength has confounded TSLA's sales in China and the Nordic countries. NIO is on the ready to pick up the slack.
NYSE:NIOLong
by AwesomeAvani
TSLA Due for a pullback ?TSLA here in on a 30-minute chart. It is in a channel that has as its basis the 42 ( 7x6) EMA with the upper and lower bands the 2.618 Fibonacci extensions of the basis value. Accordingly when hitting the lower band, there is a high probability of reversal to trending up. Conversely, when hitting the upper band, the price is highly probable to reverse into trending down. Here TLSA is actually outside that Fibonacci band and getting closer to the absent 4.33 band TSLA rose more than 5% in the last trading day. Reversion to the mean may apply. The True Strength Index indicator shows a cross about to occur in the supply /resistance zone a confirmation expectant for a reversal. Similarly, the Fisher transform shows the signal and mean lines crossing and inflecting into a negative slope at the top red line. In the immediate term history, TSLA ran up on Thursday 4/27 / Friday 4/28 hit the upper Fibonnaci band and dropped after the weekend. I can see this as repeating Aside from mathematics from the all-important trader psychology side of things, a large # of traders are up on their position having made it through some downward price action and then reaccumulation. It is now time to take full or partial profits and close some positions In the meanwhile, short sellers can see the rise in the last trading session as a pullback in the trend down and time being ripe to add to their position. Other short sellers might liquidate and in doing so hold TSLA's price steady in buying to cover. I can't see the psychology underway. I can however see the indicators and the mathematics that is their foundation. I will take a trade of put options expiring 5/19 at a strike of $175. I will watch for a reversal of the reversal mid to late week and upon seeing it take a partial profit and hold the rest.
NASDAQ:TSLAShort
by AwesomeAvani
NIO REVERSES within descending parallel channelOn the 30-minute chart, I have drawn the upper (red) and lower (green) trendlines of the descending parallel channel. While it had been riding the upper edge of the Fibonacci/ EMA channel, it has reversed and headed toward the base EMA with the candles green to red. The zero-lag MACD indicator lines crossed above the histogram while the True Strength Index oscillator has had a line cross in the supply / resistance zone for further information. I conclude it is time to close long positions in profit and cross the aisle into short positions. I will take a put option trade for the expirations of 5/19 @ $ 9.50 but a less risky trade would be a longer exiration by 1-2 weeks ( while at the same time decreasing the reward potential.)
NYSE:NIOShort
by AwesomeAvani
NIO is on a bounceNIO has descended into its demand zone as shown on the 2H Chart. It is now above the POC line of the near-term volume profile. I will take a trade here setting a stop loss of 7.33 below the near-term high volume area. The first target will be 7.6 which is approximately the anchored VWAP ( thick black line ) confluent with the POC line of the intermediate term volume profile to take half the profits. The remainder of the position will target 8.9 which is just below the selling volume shelf at 9.0. Tipranks has a longer term target of 14 ( see the link below)
NYSE:NIOLong
by AwesomeAvani
$XPEV: Bullish trend and the emergence of Chinese EV makersI had published a video idea discussing Chinese EV names, and China reopening as a possible bullish catalyst for demand in the EV sector and to keep an eye out for bullish setups in the Chinese EV stocks. I think the time has come to scoop some $XPEV exposure here, the weekly trend is now confirmed as bullish so the move I was anticipating in my prior post can take place now. It's an interesting turn of events how China has now emerged as a rapidly growing car manufacturing hub, and likely the most compelling competition for $TSLA in the EV front going forward, as everyone else is lagging behind big time or not as profitably participating in the EV transition. So, considering that, I think we should keep an eye on these names and try and capture swings in them going forward. Best of luck! Cheers, Ivan Labrie.
NYSE:XPEVLong
by IvanLabrie
1
NIO rising from its downtrend.NIO double-bottomed in late December, this past Monday, and also back in November at the same level now drawn onto the chart in green. It is now above the POC line on the long-term volume profile suggests it was pushed there by buying pressure exceeding selling. Fundamentally, NIO is strong in China, TSLA lowered its price to be competitive and maintain market share. Easing of COVID lockdowns has helped boost production. Price has moved above the SMA 100 and SMA 300 on the rising uptrend. This appears to be a long trade setup.
NYSE:NIOLong
by AwesomeAvani
1
XPEV is forming a reversal pattern perhaps following TSLAXPEV 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.
NYSE:XPEV
by AwesomeAvani
1
XPEV | Triple Divergences| Great EntryXPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China. I still use dollar cost averaging as a way to minimize risk and guarantee a good return. Patience is required in this process. Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share. By buying regularly in up and down markets, investors buy more shares at lower prices and fewer shares at higher prices. Dollar-cost averaging aims to prevent a poorly timed lump sum investment at a potentially higher price. Beginning and long-time investors can both benefit from dollar-cost averaging. Not financial advice. Always do your research!
NYSE:XPEVLong
by DivergenceSeeker
4
XPEV, We need to be careful now !What is the most probable scenario for XPEV? XPEV's move from 22.73 to 47.98 has recovered 50 % of its major drop from 74.49 to 22.73. Mentioned drop is showing a remarkable 5 down going waves which can be labeled as wave A. ( wave 1 is also possible but we skip this alternative for now). last up going wave ( from 22.73 to 47.98 ) can be just wave A of B which means there may be another up going wave ( Wave C of B) after a correction down to 35, 32 or even 28 USD ( Wave B of B) corresponding to 50 % , 61.8 % and 78% Fibo Retracements respectively. Possible targets for next possible up going wave are shown on the chart. Please note that whole correction ( in the case of having a large ABC correction) may end at 13 USD !. Also, we need a trade below 39.71 to be confident about having at least a correction down to mentioned support prices.All these explanations are briefly shown on the chart. Stochastic and RSI indicators are showing a bearish divergence with price which could be an strong bearish signal. It is worth to note that stock may go down below last major low (22.73) without any additional up going wave ( I think it has low probability) therefore, we do not go long without any strong bullish signal in proposed support prices. I have to emphasize that in terms of timing, chart is just schematic drawing So I kindly ask you to disregard dates on the chart. We always enjoy our trading? Don't we?
NYSE:XPEVShort
by SaeedSajedi
36